AAPL
Apple Inc.
AAPL has lower modeled downside risk, despite its lower overall score.
OLED
Universal Display Corporation
OLED has the edge over AAPL overall, supported by stronger valuation and stronger modeled upside.
AAPL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
AAPL's revenue, profitability, cash flow and balance sheet are all currently healthy.
OLED Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Strong |
OLED's profitability, cash flow and balance sheet are currently strong, and its revenue is stable.
AAPL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 26x | $230 | -35% |
| Fair | 31x | $279 | -21% |
| Expensive | 37x | $328 | -7.5% |
| Forward | 38x | $355 | — |
| Current | 40x | $355 | — |
Historical ranges are pointers, not guarantees.
AAPL's PE is in its expensive range at 40x. If earnings grow as analysts expect, today's price would be 38x next year's earnings.
OLED PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 18x | $89.89 | — |
| Forward | 20x | $89.89 | — |
| Cheap | 26x | $130 | +45% |
| Fair | 36x | $177 | +96% |
| Expensive | 64x | $316 | +251% |
Historical ranges are pointers, not guarantees.
OLED has the edge over AAPL in the historical PE scenario, which offers more potential upside but is not a forecast.
AAPL Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AAPL, but weaker profitability.
OLED Forward outlook
| Metric | Outlook |
|---|---|
| Deteriorating | |
| Stable | |
| Stable | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect OLED's earnings, revenue and profitability to hold roughly steady.
AAPL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.28 | +3.3% |
| Q3 2026 | $8.98 | +20% |
| Q2 2026 | $8.71 | +32% |
| Q1 2026 | $8.26 | +29% |
| Q4 2025 | $7.90 | +25% |
| Q3 2025 | $7.46 | +23% |
| Q2 2025 | $6.59 | +0.2% |
| Q1 2025 | $6.42 | -0.3% |
| Q4 2024 | $6.30 | -2% |
AAPL has the edge over OLED on earnings, with more consistent year-over-year improvement.
OLED Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $4.50 | -8.8% |
| Q3 2026 | $4.94 | +6.5% |
| Q2 2026 | $4.14 | -19% |
| Q1 2026 | $4.49 | -6.7% |
| Q4 2025 | $5.08 | +9.2% |
| Q3 2025 | $4.64 | -6.8% |
| Q2 2025 | $5.12 | +9.9% |
| Q1 2025 | $4.81 | +4.6% |
| Q4 2024 | $4.65 | +9.7% |
OLED earned $4.94 per share over the past year, up 6.5% from the year before.
AAPL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $114.5B | +12% |
| Q2 2026 | $109.4B | +16% |
| Q1 2026 | $111.2B | +17% |
| Q4 2025 | $143.8B | +16% |
| Q3 2025 | $102.5B | +7.9% |
| Q2 2025 | $94B | +9.6% |
| Q1 2025 | $95.4B | +5.1% |
| Q4 2024 | $124.3B | +4% |
AAPL has the edge over OLED on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 31% | -0.5 points |
| Q2 2026 | 33% | +2.6 points |
| Q1 2026 | 32% | +1.3 points |
| Q4 2025 | 35% | +0.9 points |
| Q3 2025 | 32% | +0.5 points |
| Q2 2025 | 30% | +0.4 points |
| Q1 2025 | 31% | +0.3 points |
| Q4 2024 | 34% | +0.7 points |
AAPL's operating margin was 31% last quarter, down 0.5 points from the same quarter a year ago.
OLED Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $160.4M | +15% |
| Q2 2026 | $152.2M | -11% |
| Q1 2026 | $142.2M | -14% |
| Q4 2025 | $172.9M | +6.6% |
| Q3 2025 | $139.6M | -14% |
| Q2 2025 | $171.8M | +8.4% |
| Q1 2025 | $166.3M | +0.6% |
| Q4 2024 | $162.3M | +2.5% |
OLED's revenue grew through 2024 and has held roughly level since: $160M last quarter, up 15% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 33% | +2.6 points |
| Q2 2026 | 35% | -4.6 points |
| Q1 2026 | 30% | -12 points |
| Q4 2025 | 39% | +6.5 points |
| Q3 2025 | 31% | -11 points |
| Q2 2025 | 40% | +4.3 points |
| Q1 2025 | 42% | +3.9 points |
| Q4 2024 | 32% | -8.6 points |
OLED has the edge over AAPL on profitability, with a higher operating margin.
AAPL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $25.9B | -2.4% |
| Q2 2026 | $31.9B | +31% |
| Q1 2026 | $26.7B | +28% |
| Q4 2025 | $51.6B | +91% |
| Q3 2025 | $26.5B | +11% |
| Q2 2025 | $24.4B | -8.6% |
| Q1 2025 | $20.9B | +0.9% |
| Q4 2024 | $27B | -28% |
AAPL has the edge over OLED on cash flow, with more consistent year-over-year improvement.
OLED Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $95.9M | +14% |
| Q2 2026 | $20.3M | -46% |
| Q1 2026 | $100.3M | +473% |
| Q4 2025 | $15.1M | -32% |
| Q3 2025 | $84.3M | +27% |
| Q2 2025 | $37.5M | -35% |
| Q1 2025 | $17.5M | -73% |
| Q4 2024 | $22M | -25% |
OLED generated $232M in free cash flow over the past year, up 44% from the year before.
AAPL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | +5.6M shares |
| 1 year | -1.9% | -284M shares |
| 3 years | -6.9% | -1.1B shares |
| 5 years | -13% | -2.1B shares |
| Available history | -17% | -3.1B shares |
AAPL has 14.7B diluted shares, down 1.9% from a year ago, with $86.4B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $24.3B |
| Q2 2026 | $25.1B |
| Q1 2026 | $12.3B |
| Q4 2025 | $24.7B |
| Q3 2025 | $20.1B |
| Q2 2025 | $21.1B |
| Q1 2025 | $25.9B |
| Q4 2024 | $23.6B |
AAPL spent $86.4B buying back its own shares over the past year, down 4.8% from the year before.
OLED Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.9% | -895K shares |
| 1 year | -4% | -1.9M shares |
| 3 years | -3.9% | -1.8M shares |
| 5 years | -3.3% | -1.6M shares |
| Available history | -2.6% | -1.2M shares |
OLED has the edge over AAPL on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $77.7M |
| Q2 2026 | $48.1M |
| Q1 2026 | $67.1M |
| Q4 2019 | — |
AAPL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.3x | Very low |
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.2x | Very low |
| Q4 2025 | 0.3x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.5x | Very low |
AAPL's net debt is less than a year of its operating earnings (EBITDA).
OLED Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.4x | Net Cash |
| Q2 2026 | -0.5x | Net Cash |
| Q1 2026 | -0.6x | Net Cash |
| Q4 2025 | -0.5x | Net Cash |
| Q3 2025 | -0.4x | Net Cash |
| Q2 2025 | -0.3x | Net Cash |
| Q1 2025 | -0.5x | Net Cash |
| Q4 2024 | -0.4x | Net Cash |
OLED has the edge over AAPL on leverage, with a lower net debt burden relative to earnings.
AAPL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 68.1 | Neutral |
| Stochastic | 85.0 | Overbought |
AAPL's weekly RSI is 68 (neutral) and its Stochastic is 85 (overbought).
OLED Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 52.7 | Neutral |
| Stochastic | 66.4 | Neutral |
OLED's weekly RSI is 53 (neutral) and its Stochastic is 66 (neutral).
AAPL PE vs Technology Sector
| Metric | AAPL | Sector median | Relative |
|---|---|---|---|
| PE | 40x | 28x | 42% above |
| PE % | 96 | 35 | 61 pts above |
AAPL is trading at 40x earnings, a 42% premium to the Technology sector's median of 28x.
OLED PE vs Technology Sector
| Metric | OLED | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 28x | 35% below |
| PE % | 3 | 35 | 32 pts below |
OLED has the edge over AAPL on valuation relative to its sector.
AAPL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $343.1 | 3.4% above |
| 20 week MA | $329.0 | 7.9% above |
| 50 week MA | $295.6 | 20% above |
| 100 week MA | $262.4 | 35% above |
| 200 week MA | $226.3 | 57% above |
AAPL has the edge over OLED on trend strength, trading above more of its moving averages.
OLED Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $82.5 | 9% above |
| 20 week MA | $82.6 | 8.8% above |
| 50 week MA | $95.4 | 5.7% below |
| 100 week MA | $119.2 | 25% below |
| 200 week MA | $143.2 | 37% below |
OLED has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 37% below its 200-week average.
AAPL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $72.5 | $132.0 | +82% |
| 2021 | $132.0 | $176.3 | +34% |
| 2022 | $176.3 | $131.9 | -25% |
| 2023 | $131.9 | $192.5 | +46% |
| 2024 | $192.5 | $255.6 | +33% |
| 2025 | $255.6 | $273.4 | +7% |
| 2026 YTD | $273.4 | $354.9 | +30% |
AAPL has the edge over OLED on returns for 2026, with the stronger performance.
OLED Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $212.7 | $233.2 | +9.6% |
| 2021 | $233.2 | $159.4 | -32% |
| 2022 | $159.4 | $106.7 | -33% |
| 2023 | $106.7 | $191.3 | +79% |
| 2024 | $191.3 | $149.7 | -22% |
| 2025 | $149.7 | $119.6 | -20% |
| 2026 YTD | $119.6 | $89.9 | -25% |
OLED has finished lower in four of the last six years. It's down 25% so far in 2026.