AAPL
Apple Inc.
AAPL has lower modeled downside risk, despite its lower overall score.
RNG
RingCentral, Inc.
RNG 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.
RNG Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Stable |
RNG's profitability and cash flow are currently healthy, and its revenue and balance sheet are 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.
RNG PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 10x | $75.89 | — |
| Forward | 14x | $75.89 | — |
| Cheap | 43x | $328 | +332% |
| Fair | 65x | $491 | +547% |
| Expensive | 182x | $1,375 | +1712% |
Historical ranges are pointers, not guarantees.
RNG 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.
RNG Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for RNG, with profitability improving.
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 earned $8.98 per share over the past year, up 20% from the year before.
RNG Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.41 | -28% |
| Q3 2026 | $7.56 | +4940% |
| Q2 2026 | $1.25 | +$1.38 |
| Q1 2026 | $0.94 | +$1.37 |
| Q4 2025 | $0.48 | +$1.11 |
| Q3 2025 | $0.15 | +$1.20 |
| Q2 2025 | -$0.13 | +$1.28 |
| Q1 2025 | -$0.43 | +$1.05 |
| Q4 2024 | -$0.63 | +$1.11 |
RNG has the edge over AAPL on earnings, with more consistent year-over-year improvement.
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 RNG on sales, with stronger typical year-over-year growth.
| 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 has the edge over RNG on profitability, with a higher operating margin.
RNG Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $676M | +5.9% |
| Q2 2026 | $657M | +5.9% |
| Q1 2026 | $644.2M | +5.3% |
| Q4 2025 | $644M | +4.8% |
| Q3 2025 | $638.7M | +4.9% |
| Q2 2025 | $620.4M | +4.6% |
| Q1 2025 | $612.1M | +4.8% |
| Q4 2024 | $614.5M | +7.6% |
RNG's revenue has grown year over year every quarter since late 2020: $676M last quarter, up 5.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8% | +3.1 points |
| Q2 2026 | 7.7% | +1.7 points |
| Q1 2026 | 7.8% | +6.1 points |
| Q4 2025 | 6.6% | +4 points |
| Q3 2025 | 4.8% | +4.3 points |
| Q2 2025 | 6% | +6.9 points |
| Q1 2025 | 1.7% | +3.6 points |
| Q4 2024 | 2.5% | +10 points |
RNG's operating margin was 8% last quarter, up 3.1 points from the same quarter a year ago, near the top of its range since 2019.
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's free cash flow has been positive every quarter for seven years: $136B over the past year, up 38% from the year before.
RNG Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $172.9M | +20% |
| Q2 2026 | $195.8M | +24% |
| Q1 2026 | $157.5M | +9.3% |
| Q4 2025 | $141M | +11% |
| Q3 2025 | $143.8M | +20% |
| Q2 2025 | $158.5M | +30% |
| Q1 2025 | $144.1M | +60% |
| Q4 2024 | $126.5M | +17% |
RNG has the edge over AAPL on cash flow, with more consistent year-over-year improvement.
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.
RNG Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.2% | +1.1M shares |
| 1 year | -4.7% | -4.3M shares |
| 3 years | -7.3% | -6.9M shares |
| 5 years | -4.5% | -4.1M shares |
| Available history | +5.5% | +4.6M shares |
RNG has the edge over AAPL on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $18M |
| Q2 2026 | $93.7M |
| Q1 2026 | $81.3M |
| Q4 2025 | $135.4M |
| Q3 2025 | $117.2M |
| Q2 2025 | $31.8M |
| Q1 2025 | $50M |
| Q4 2024 | $77.4M |
RNG spent $328M buying back its own shares over the past year, up 19% from the year before.
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 has the edge over RNG on leverage, with a lower net debt burden relative to earnings.
RNG Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.1x | Moderate |
| Q2 2026 | 2.5x | Moderate |
| Q1 2026 | 2.8x | Moderate |
| Q4 2025 | 3.3x | Elevated |
| Q3 2025 | 3.5x | Elevated |
| Q2 2025 | 3.8x | Elevated |
| Q1 2025 | 4.9x | High |
| Q4 2024 | 5.7x | High |
RNG's net debt is about 2.1 years of its operating earnings (EBITDA), down from 3.5 years a year ago.
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).
RNG Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.9 | Neutral |
| Stochastic | 47.8 | Neutral |
RNG's weekly RSI is 63 (neutral) and its Stochastic is 48 (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.
RNG PE vs Technology Sector
| Metric | RNG | Sector median | Relative |
|---|---|---|---|
| PE | 10x | 28x | 64% below |
| PE % | 2 | 35 | 33 pts below |
RNG 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 RNG on trend strength, trading above more of its moving averages.
RNG Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $77.7 | 2.4% below |
| 20 week MA | $66.4 | 14% above |
| 50 week MA | $47.9 | 59% above |
| 100 week MA | $38.4 | 98% above |
| 200 week MA | $35.6 | 113% above |
RNG's trend is up, with a small recent dip: it's below only its 8-week average, and 113% above 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 finished higher in five of the last six years. It's up 30% so far in 2026.
RNG Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $169.0 | $398.5 | +136% |
| 2021 | $398.5 | $192.5 | -52% |
| 2022 | $192.5 | $33.7 | -83% |
| 2023 | $33.7 | $34.0 | +0.9% |
| 2024 | $34.0 | $36.1 | +6.4% |
| 2025 | $36.1 | $29.6 | -18% |
| 2026 YTD | $29.6 | $75.9 | +157% |
RNG has the edge over AAPL on returns for 2026, with the stronger performance.