AAPL
Apple Inc.
AAPL has lower modeled downside risk, despite its lower overall score.
WATT
Energous Corporation
WATT 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.
WATT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Weak | |
| Unavailable |
WATT's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
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.
WATT PE Valuation
WATT has no meaningful PE right now: it lost money over the past year.
AAPL Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Growth | |
| Growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for AAPL, but weaker profitability.
WATT Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
WATT 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 WATT on earnings quality, reporting a profit while its opponent remains loss making.
WATT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.23 | +$14.38 |
| Q2 2026 | -$3.09 | +$27.21 |
| Q1 2026 | -$4.96 | +$42.44 |
| Q4 2025 | -$8.13 | +$68.97 |
| Q3 2025 | -$16.61 | +$77.89 |
| Q2 2025 | -$30.30 | +$75.00 |
| Q1 2025 | -$47.40 | +$62.40 |
| Q4 2024 | -$77.10 | +$47.40 |
WATT lost $2.23 per share over the past year, a smaller loss than 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's revenue has grown year over year for 10 quarters in a row: $114B last quarter, up 12% from the same quarter a year ago.
| 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 WATT on profitability, with a higher operating margin.
WATT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.4M | +167% |
| Q2 2026 | $3.1M | +217% |
| Q1 2026 | $3.1M | +799% |
| Q4 2025 | $3M | +610% |
| Q3 2025 | $1.3M | +453% |
| Q2 2025 | $975K | +2020% |
| Q1 2025 | $343K | +436% |
| Q4 2024 | $428K | +367% |
WATT has the edge over AAPL on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -81% | +91 points |
| Q2 2026 | -103% | +182 points |
| Q1 2026 | -60% | +993 points |
| Q4 2025 | -47% | +774 points |
| Q3 2025 | -172% | +1385 points |
| Q2 2025 | -285% | +9826 points |
| Q1 2025 | -1053% | +9361 points |
| Q4 2024 | -821% | +4193 points |
WATT's operating margin was −81% last quarter, up 91 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 WATT on cash generation, producing positive trailing cash flow while its opponent burns cash.
WATT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$2.2M | +$229K |
| Q2 2026 | -$5.5M | -$2.6M |
| Q1 2026 | -$5.6M | -$921K |
| Q4 2025 | -$2.4M | +$235K |
| Q3 2025 | -$2.5M | +$1.6M |
| Q2 2025 | -$2.9M | +$2.9M |
| Q1 2025 | -$4.7M | +$385K |
| Q4 2024 | -$2.7M | +$740.1K |
WATT has burned cash in almost every quarter: −$16M over the past year, against −$13M 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 WATT 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.
WATT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +18.6K shares |
| 1 year | +243% | +3.9M shares |
| 3 years | +3535% | +5.4M shares |
| 5 years | +5242% | +5.4M shares |
| Available history | +10858% | +5.5M shares |
WATT has 6M diluted shares, up 243% from a year ago.
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).
WATT Net Leverage
WATT's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
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).
WATT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 39.7 | Neutral |
| Stochastic | 9.3 | Oversold |
WATT's weekly RSI is 40 (neutral) and its Stochastic is 9 (oversold).
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.
WATT PE vs Technology Sector
WATT 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 has the edge over WATT on trend strength, trading above more of its moving averages.
WATT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $10.2 | 14% below |
| 20 week MA | $13.0 | 33% below |
| 50 week MA | $14.7 | 41% below |
| 100 week MA | $12.3 | 29% below |
| 200 week MA | $60.6 | 86% below |
WATT is in a downtrend: it's below all five of its weekly moving averages, and 86% 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 finished higher in five of the last six years. It's up 30% so far in 2026.
WATT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1,068.0 | $1,236.0 | +16% |
| 2021 | $1,236.0 | $810.0 | -34% |
| 2022 | $810.0 | $498.0 | -39% |
| 2023 | $498.0 | $54.9 | -89% |
| 2024 | $54.9 | $12.2 | -78% |
| 2025 | $12.2 | $3.76 | -69% |
| 2026 YTD | $3.76 | $8.74 | +132% |
WATT has the edge over AAPL on returns for 2026, with the stronger performance.