AAPL
Apple Inc.
AAPL has a slight edge over VYX overall, supported by stronger fundamentals and lower modeled downside.
VYX
NCR Voyix Corporation
VYX offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
AAPL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
AAPL's revenue, profitability, cash flow and balance sheet are all currently healthy.
VYX Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Healthy | |
| Under pressure | |
| Under pressure |
VYX's profitability is currently healthy, but its revenue, cash flow and balance sheet are 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 has the edge over VYX in the historical PE scenario, which offers more potential upside but is not a forecast.
VYX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 2x | $1.45 | -85% |
| Forward | 9.5x | $9.96 | — |
| Current | 14x | $9.96 | — |
| Fair | 22x | $15.83 | +59% |
| Expensive | 68x | $49.30 | +395% |
Historical ranges are pointers, not guarantees.
VYX's PE is in its fair range at 14x. If earnings grow as analysts expect, today's price would be 9.5x next year's earnings, in its cheap range.
AAPL Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AAPL, but weaker profitability.
VYX Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Decline | |
| Improving | |
| Limited | |
| High |
Analysts expect VYX's earnings to grow and its profitability to improve, but its revenue to decline.
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 VYX on earnings, with more consistent year-over-year improvement.
VYX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.05 | +45% |
| Q3 2026 | $0.72 | +$1.16 |
| Q2 2026 | $0.41 | -94% |
| Q1 2026 | $0.39 | -94% |
| Q4 2025 | $0.30 | -95% |
| Q3 2025 | -$0.44 | -110% |
| Q2 2025 | $7.13 | +$11.16 |
| Q1 2025 | $6.63 | +$10.02 |
| Q4 2024 | $6.47 | +$9.51 |
VYX has returned to profit: it earned $0.72 per share over the past year, after losing money 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 VYX 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 VYX on profitability, with a higher operating margin.
VYX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $539M | -21% |
| Q2 2026 | $523M | -21% |
| Q1 2026 | $606M | -1.8% |
| Q4 2025 | $720M | +5.6% |
| Q3 2025 | $684M | -3.8% |
| Q2 2025 | $666M | -24% |
| Q1 2025 | $617M | -28% |
| Q4 2024 | $682M | -29% |
VYX's revenue has slid since its 2021 peak: $539M last quarter, down 21% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 7.8% | +5.6 points |
| Q2 2026 | 2.7% | +0.6 points |
| Q1 2026 | -3.1% | +0.1 points |
| Q4 2025 | 2.4% | +2.1 points |
| Q3 2025 | 2.2% | +0.1 points |
| Q2 2025 | 2.1% | +2.6 points |
| Q1 2025 | -3.2% | -3.7 points |
| Q4 2024 | 0.3% | +14 points |
VYX's operating margin was 7.8% last quarter, up 5.6 points from the same quarter a year ago.
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 VYX on cash generation, producing positive trailing cash flow while its opponent burns cash.
VYX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$20M | -300% |
| Q2 2026 | -$24M | +$225M |
| Q1 2026 | $6M | +$56M |
| Q4 2025 | -$86M | +$91M |
| Q3 2025 | $10M | +11% |
| Q2 2025 | -$249M | -608% |
| Q1 2025 | -$50M | -$7M |
| Q4 2024 | -$177M | -$125M |
VYX has burned cash in six of the last eight quarters: −$124M over the past year, against −$466M 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 the edge over VYX 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.
VYX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.5% | +2M shares |
| 1 year | +1.2% | +1.6M shares |
| 3 years | -0.8% | -1.1M shares |
| 5 years | +1.5% | +2M shares |
| Available history | -3.7% | -5.4M shares |
VYX has 140M diluted shares, up 1.2% from a year ago, despite $33M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $8M |
| Q2 2026 | $11M |
| Q1 2026 | $9M |
| Q4 2025 | $5M |
| Q3 2025 | — |
| Q2 2025 | $7M |
| Q1 2025 | $62M |
| Q4 2021 | — |
VYX spent $33M buying back its own shares over the past year.
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 VYX on leverage, with a lower net debt burden relative to earnings.
VYX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.1x | Elevated |
| Q2 2026 | 3.5x | Elevated |
| Q1 2026 | 3.5x | Elevated |
| Q4 2025 | 3.4x | Elevated |
| Q3 2025 | 3.4x | Elevated |
| Q2 2025 | 3.2x | Elevated |
| Q1 2025 | 2.0x | Healthy |
| Q4 2024 | 1.2x | Healthy |
VYX's net debt is about 3.0 years of its operating earnings (EBITDA), down from 3.4 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).
VYX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.3 | Neutral |
| Stochastic | 69.5 | Neutral |
VYX's weekly RSI is 62 (neutral) and its Stochastic is 70 (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.
VYX PE vs Technology Sector
| Metric | VYX | Sector median | Relative |
|---|---|---|---|
| PE | 14x | 28x | 50% below |
| PE % | 35 | 35 | Same percentile |
VYX 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 VYX on trend strength, trading above more of its moving averages.
VYX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.14 | 22% above |
| 20 week MA | $8.18 | 22% above |
| 50 week MA | $8.25 | 21% above |
| 100 week MA | $9.98 | 0.2% below |
| 200 week MA | $12.3 | 19% below |
VYX has bounced recently, but its long-term trend is still down: it's above its 8-, 20- and 50-week averages, but 19% 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 VYX on returns for 2026, with the stronger performance.
VYX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $21.5 | $22.4 | +4.4% |
| 2021 | $22.4 | $24.1 | +7.5% |
| 2022 | $24.1 | $14.2 | -41% |
| 2023 | $14.2 | $16.9 | +19% |
| 2024 | $16.9 | $13.9 | -18% |
| 2025 | $13.9 | $10.5 | -24% |
| 2026 YTD | $10.5 | $9.96 | -5.5% |
VYX has finished lower in three of the last six years. It's down 5.5% so far in 2026.