AAPL

Apple Inc.

59
Fundamentals75/ 100
Valuation33/ 100
Upside potential54/ 100
Risk potential15/ 100

AAPL has the edge over UIS overall, supported by lower modeled downside and stronger fundamentals.

UIS

Unisys Corporation

56
Fundamentals55/ 100
Valuation50/ 100
Upside potential62/ 100
Risk potential39/ 100

UIS offers stronger valuation, but that advantage does not outweigh its weaker overall profile.

AAPL Fundamentals

MetricStatus
Healthy
Strong
Strong
Strong

AAPL's revenue, profitability, cash flow and balance sheet are all currently healthy.

UIS Fundamentals

MetricStatus
Stable
Stable
Under pressure
Weak

UIS's revenue and profitability are currently stable, but its cash flow and balance sheet are under pressure.

AAPL PE Valuation

CHEAPFAIREXPENSIVE11x22x33x44x
CHEAPFAIREXPENSIVE11x22x33x44x
LevelPEPriceVs current
Cheap26x$230-35%
Fair31x$279-21%
Expensive37x$328-7.5%
Forward38x$355—
Current40x$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.

UIS PE Valuation

UIS has no meaningful PE right now: it lost money over the past year.

AAPL Forward outlook

MetricOutlook
Stable
Growth
Growth
Weakening
Moderate
Moderate

Analysts expect earnings and revenue growth for AAPL, but weaker profitability.

UIS Forward outlook

MetricOutlook
--
Strong growth
Stable
Strongly improving
Limited
Low

Analysts expect UIS's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.

AAPL Risk to reward

ScenarioChangePrice
Upside+17%$416.94
Downside-15%$301.30

Calculated from the latest close: $354.88 on Nov 12.

AAPL trails UIS on modeled risk to reward, with less potential upside relative to its potential downside.

UIS Risk to reward

ScenarioChangePrice
Upside+66%$4.75
Downside-39%$1.74

Calculated from the latest close: $2.87 on Nov 12.

UIS has a better modeled risk to reward balance than AAPL, with more potential upside relative to its potential downside.

AAPL Earnings Per Share

Q4 2023: $6.43Q1 2024: $6.44Q2 2024: $6.58Q3 2024: $6.08Q4 2024: $6.30Q1 2025: $6.42Q2 2025: $6.59Q3 2025: $7.46Q4 2025: $7.90Q1 2026: $8.26Q2 2026: $8.71Q3 2026: $8.98Forward: $9.28
Q4 2023: $6.43Q1 2024: $6.44Q2 2024: $6.58Q3 2024: $6.08Q4 2024: $6.30Q1 2025: $6.42Q2 2025: $6.59Q3 2025: $7.46Q4 2025: $7.90Q1 2026: $8.26Q2 2026: $8.71Q3 2026: $8.98Forward: $9.28
QuarterTTM EPSYoY
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 UIS on earnings quality, reporting a profit while its opponent remains loss making.

UIS Earnings Per Share

Q4 2023: $-6.31Q1 2024: $-5.91Q2 2024: $-5.49Q3 2024: $-5.65Q4 2024: $-2.79Q1 2025: $-1.03Q2 2025: $-1.14Q3 2025: $-4.58Q4 2025: $-4.79Q1 2026: $-4.87Q2 2026: $-5.90Q3 2026: $-4.33Forward: $1.04
Q4 2023: $-6.31Q1 2024: $-5.91Q2 2024: $-5.49Q3 2024: $-5.65Q4 2024: $-2.79Q1 2025: $-1.03Q2 2025: $-1.14Q3 2025: $-4.58Q4 2025: $-4.79Q1 2026: $-4.87Q2 2026: $-5.90Q3 2026: $-4.33Forward: $1.04
QuarterTTM EPSYoY
Forward$1.04—
Q3 2026-$4.33+$0.25
Q2 2026-$5.90-$4.76
Q1 2026-$4.87-$3.84
Q4 2025-$4.79-$2.00
Q3 2025-$4.58+$1.07
Q2 2025-$1.14+$4.35
Q1 2025-$1.03+$4.88
Q4 2024-$2.79+$3.52

UIS is still losing money, but less than at its worst: $4.33 per share over the past year, against $7.58 at its worst in late 2021.

AAPL Quarterly Revenue

Q4 2023: $120BQ1 2024: $90.8BQ2 2024: $85.8BQ3 2024: $94.9BQ4 2024: $124BQ1 2025: $95.4BQ2 2025: $94BQ3 2025: $102BQ4 2025: $144BQ1 2026: $111BQ2 2026: $109BQ3 2026: $114B
Q4 2023: $120BQ1 2024: $90.8BQ2 2024: $85.8BQ3 2024: $94.9BQ4 2024: $124BQ1 2025: $95.4BQ2 2025: $94BQ3 2025: $102BQ4 2025: $144BQ1 2026: $111BQ2 2026: $109BQ3 2026: $114B
QuarterRevenueYoY
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 UIS on sales, with more consistent year-over-year improvement.

UIS Quarterly Revenue

Q4 2023: $558MQ1 2024: $488MQ2 2024: $478MQ3 2024: $497MQ4 2024: $545MQ1 2025: $432MQ2 2025: $483MQ3 2025: $460MQ4 2025: $575MQ1 2026: $438MQ2 2026: $474MQ3 2026: $472M
Q4 2023: $558MQ1 2024: $488MQ2 2024: $478MQ3 2024: $497MQ4 2024: $545MQ1 2025: $432MQ2 2025: $483MQ3 2025: $460MQ4 2025: $575MQ1 2026: $438MQ2 2026: $474MQ3 2026: $472M
QuarterRevenueYoY
Q3 2026$471.5M+2.5%
Q2 2026$473.5M-2%
Q1 2026$437.6M+1.3%
Q4 2025$574.5M+5.3%
Q3 2025$460.2M-7.4%
Q2 2025$483.3M+1.1%
Q1 2025$432.1M-11%
Q4 2024$545.4M-2.2%

UIS's revenue fell from its 2019 peak and has held roughly level since: $472M last quarter, up 2.5% from the same quarter a year ago.

AAPL Free Cash Flow

Q4 2023: $37.5BQ1 2024: $20.7BQ2 2024: $26.7BQ3 2024: $23.9BQ4 2024: $27BQ1 2025: $20.9BQ2 2025: $24.4BQ3 2025: $26.5BQ4 2025: $51.6BQ1 2026: $26.7BQ2 2026: $31.9BQ3 2026: $25.9B
Q4 2023: $37.5BQ1 2024: $20.7BQ2 2024: $26.7BQ3 2024: $23.9BQ4 2024: $27BQ1 2025: $20.9BQ2 2025: $24.4BQ3 2025: $26.5BQ4 2025: $51.6BQ1 2026: $26.7BQ2 2026: $31.9BQ3 2026: $25.9B
QuarterFree cash flowYoY
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 UIS on cash generation, producing positive trailing cash flow while its opponent burns cash.

UIS Free Cash Flow

Q4 2023: $17MQ1 2024: $22MQ2 2024: −$2MQ3 2024: $28MQ4 2024: $72MQ1 2025: $24MQ2 2025: −$324MQ3 2025: $32MQ4 2025: $97MQ1 2026: −$15MQ2 2026: −$38MQ3 2026: −$46M
Q4 2023: $17MQ1 2024: $22MQ2 2024: −$2MQ3 2024: $28MQ4 2024: $72MQ1 2025: $24MQ2 2025: −$324MQ3 2025: $32MQ4 2025: $97MQ1 2026: −$15MQ2 2026: −$38MQ3 2026: −$46M
QuarterFree cash flowYoY
Q3 2026-$46.4M-243%
Q2 2026-$38.3M+$285.8M
Q1 2026-$15.1M-162%
Q4 2025$97.3M+36%
Q3 2025$32.4M+14%
Q2 2025-$324.1M-$321.7M
Q1 2025$24.4M+13%
Q4 2024$71.6M+319%

UIS's free cash flow was −$3M over the past year, against −$196M the year before.

AAPL Total Shares

Q4 2023: 15.6BQ1 2024: 15.5BQ2 2024: 15.3BQ3 2024: 15.4BQ4 2024: 15.2BQ1 2025: 15.1BQ2 2025: 14.9BQ3 2025: 15BQ4 2025: 14.8BQ1 2026: 14.7BQ2 2026: 14.7BQ3 2026: 14.7B
Q4 2023: 15.6BQ1 2024: 15.5BQ2 2024: 15.3BQ3 2024: 15.4BQ4 2024: 15.2BQ1 2025: 15.1BQ2 2025: 14.9BQ3 2025: 15BQ4 2025: 14.8BQ1 2026: 14.7BQ2 2026: 14.7BQ3 2026: 14.7B
PeriodChange %Net change
Quarterly0%+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 UIS on shareholder dilution, with a more favorable share count trend.

UIS Total Shares

Q4 2023: 68MQ1 2024: 69MQ2 2024: 69MQ3 2024: 69MQ4 2024: 69MQ1 2025: 70MQ2 2025: 71MQ3 2025: 71MQ4 2025: 71MQ1 2026: 72MQ2 2026: 73MQ3 2026: 73M
Q4 2023: 68MQ1 2024: 69MQ2 2024: 69MQ3 2024: 69MQ4 2024: 69MQ1 2025: 70MQ2 2025: 71MQ3 2025: 71MQ4 2025: 71MQ1 2026: 72MQ2 2026: 73MQ3 2026: 73M
PeriodChange %Net change
Quarterly0%+14K shares
1 year+2.3%+1.6M shares
3 years+6.6%+4.5M shares
5 years+8.6%+5.8M shares
Available history+30%+17M shares

UIS has 73M diluted shares, up 2.3% from a year ago.

AAPL Net Leverage

Q4 2023: 0.5xQ1 2024: 0.6xQ2 2024: 0.6xQ3 2024: 0.6xQ4 2024: 0.5xQ1 2025: 0.5xQ2 2025: 0.5xQ3 2025: 0.4xQ4 2025: 0.3xQ1 2026: 0.2xQ2 2026: 0.3xQ3 2026: 0.3x
Q4 2023: 0.5xQ1 2024: 0.6xQ2 2024: 0.6xQ3 2024: 0.6xQ4 2024: 0.5xQ1 2025: 0.5xQ2 2025: 0.5xQ3 2025: 0.4xQ4 2025: 0.3xQ1 2026: 0.2xQ2 2026: 0.3xQ3 2026: 0.3x
QuarterNet LeverageStatus
Q3 20260.3xVery low
Q2 20260.3xVery low
Q1 20260.2xVery low
Q4 20250.3xVery low
Q3 20250.4xVery low
Q2 20250.5xVery low
Q1 20250.5xVery low
Q4 20240.5xVery low

AAPL has the edge over UIS on leverage, with a lower net debt burden relative to earnings.

UIS Net Leverage

Q4 2023: 1.1xQ1 2024: 1.6xQ2 2024: 1.6xQ3 2024: 1.0xQ4 2024: 1.0xQ1 2025: 0.9xQ2 2025: 3.4xQ3 2025: 5.6xQ4 2025: 3.2xQ1 2026: 3.2xQ2 2026: 8.5xQ3 2026: 4.5x
Q4 2023: 1.1xQ1 2024: 1.6xQ2 2024: 1.6xQ3 2024: 1.0xQ4 2024: 1.0xQ1 2025: 0.9xQ2 2025: 3.4xQ3 2025: 5.6xQ4 2025: 3.2xQ1 2026: 3.2xQ2 2026: 8.5xQ3 2026: 4.5x
QuarterNet LeverageStatus
Q3 20264.5xHigh
Q2 20268.5xHigh
Q1 20263.2xElevated
Q4 20253.2xElevated
Q3 20255.6xHigh
Q2 20253.4xElevated
Q1 20250.9xVery low
Q4 20241.0xVery low

UIS's net debt is about 4.5 years of its operating earnings (EBITDA), down from 5.5 years a year ago.

AAPL Weekly Momentum

MetricValueStatus
RSI68.1Neutral
Stochastic85.0Overbought

AAPL's weekly RSI is 68 (neutral) and its Stochastic is 85 (overbought).

UIS Weekly Momentum

MetricValueStatus
RSI52.2Neutral
Stochastic58.9Neutral

UIS's weekly RSI is 52 (neutral) and its Stochastic is 59 (neutral).

AAPL PE vs Technology Sector

MetricAAPLSector medianRelative
PE40x28x42% above
PE %963561 pts above

AAPL is trading at 40x earnings, a 42% premium to the Technology sector's median of 28x.

UIS PE vs Technology Sector

MetricUISSector medianRelative
PEN/A28x—

UIS has no meaningful PE right now: it lost money over the past year.

AAPL Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$343.13.4% above
20 week MA$329.07.9% above
50 week MA$295.620% above
100 week MA$262.435% above
200 week MA$226.357% above

AAPL has the edge over UIS on trend strength, trading above more of its moving averages.

UIS Weekly Moving Averages

Moving averageMA priceRelative
8 week MA$2.4716% above
20 week MA$2.792.9% above
50 week MA$2.812.1% above
100 week MA$3.6622% below
200 week MA$4.3234% below

UIS has bounced recently, but its long-term trend is still down: it's above its 8-, 20- and 50-week averages, but 34% below its 200-week average.

AAPL Yearly ROI

YearStart priceEnd priceROI
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 UIS on returns for 2026, with the stronger performance.

UIS Yearly ROI

YearStart priceEnd priceROI
2020$11.6$19.1+64%
2021$19.1$20.4+7.2%
2022$20.4$4.58-78%
2023$4.58$5.62+23%
2024$5.62$6.42+14%
2025$6.42$2.86-55%
2026 YTD$2.86$2.87+0.3%

UIS has finished higher in four of the last six years. It's roughly flat so far in 2026.

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