AAPL
Apple Inc.
AAPL has lower modeled downside risk, despite its lower overall score.
U
Unity Software Inc.
U 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.
U Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Strong | |
| Strong |
U's revenue, cash flow and balance sheet are currently strong, but its profitability is under pressure.
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.
U PE Valuation
U has no meaningful PE right now: it lost money over the past year. If it returns to profit as analysts expect, today's price would be 30x next year's earnings.
AAPL Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AAPL, but weaker profitability.
U Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
U has the edge over AAPL on the outlook, with more favorable profitability expectations.
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 U on earnings quality, reporting a profit while its opponent remains loss making.
U Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.65 | — |
| Q3 2026 | -$0.81 | +$0.24 |
| Q2 2026 | -$1.36 | -$0.30 |
| Q1 2026 | -$1.57 | -$0.45 |
| Q4 2025 | -$0.96 | +$0.72 |
| Q3 2025 | -$1.05 | +$0.99 |
| Q2 2025 | -$1.06 | +$0.99 |
| Q1 2025 | -$1.12 | +$1.12 |
| Q4 2024 | -$1.68 | +$0.48 |
U is still losing money, but far less than before: $0.81 per share over the past year, against $3.03 at its worst in early 2023.
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 U 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 has the edge over U on profitability, with a higher operating margin.
U Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $622.1M | +32% |
| Q2 2026 | $546.5M | +24% |
| Q1 2026 | $508.2M | +17% |
| Q4 2025 | $503.1M | +10% |
| Q3 2025 | $470.6M | +5.4% |
| Q2 2025 | $440.9M | -1.9% |
| Q1 2025 | $435M | -5.5% |
| Q4 2024 | $457.1M | -25% |
U's revenue has grown year over year for five quarters in a row: $622M last quarter, up 32% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 16% | +43 points |
| Q2 2026 | -5.9% | +21 points |
| Q1 2026 | -69% | -40 points |
| Q4 2025 | -21% | +5.9 points |
| Q3 2025 | -27% | +1.7 points |
| Q2 2025 | -27% | +1.9 points |
| Q1 2025 | -29% | +52 points |
| Q4 2024 | -27% | +15 points |
U's operating margin was 16% last quarter, up 43 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.
U Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $219.7M | +45% |
| Q2 2026 | $202M | +59% |
| Q1 2026 | $66.5M | +809% |
| Q4 2025 | $118.7M | +12% |
| Q3 2025 | $151.3M | +31% |
| Q2 2025 | $126.7M | +59% |
| Q1 2025 | $7.3M | +$21.9M |
| Q4 2024 | $105.8M | +74% |
U 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 the edge over U on shareholder dilution, with a more favorable share count trend.
| 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.
U Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +14% | +60.3M shares |
| 1 year | +17% | +73.9M shares |
| 3 years | +30% | +114M shares |
| 5 years | +76% | +214M shares |
| Available history | +118% | +270M shares |
U has 498M diluted shares, up 17% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2024 | — |
| Q4 2023 | — |
| Q4 2021 | — |
| Q3 2021 | — |
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
| Q2 2020 | — |
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).
U Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -66.1x | Net Cash |
U 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).
U Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 63.4 | Neutral |
| Stochastic | 71.1 | Neutral |
U's weekly RSI is 63 (neutral) and its Stochastic is 71 (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.
U PE vs Technology Sector
U has no meaningful PE right now: it lost money over the past year.
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 is in an uptrend: it's above all five of its weekly moving averages, and 57% above its 200-week average.
U Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $44.1 | 14% above |
| 20 week MA | $40.4 | 24% above |
| 50 week MA | $34.0 | 48% above |
| 100 week MA | $31.5 | 59% above |
| 200 week MA | $29.9 | 68% above |
U is in an uptrend: it's above all five of its weekly moving averages, and 68% 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 the edge over U on returns for 2026, with the stronger performance.
U Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $68.4 | $164.9 | +141% |
| 2021 | $164.9 | $145.6 | -12% |
| 2022 | $145.6 | $27.6 | -81% |
| 2023 | $27.6 | $40.9 | +48% |
| 2024 | $40.9 | $22.8 | -44% |
| 2025 | $22.8 | $45.2 | +98% |
| 2026 YTD | $45.2 | $50.2 | +11% |
U's yearly returns have swung widely, from +141% in 2020 to −81% in 2022. It's up 11% so far in 2026.