AAPL
Apple Inc.
AAPL has lower modeled downside risk, despite its lower overall score.
XPER
Xperi Inc.
XPER has a slight 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.
XPER Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Under pressure | |
| Healthy |
XPER's balance sheet is currently healthy, and its revenue is stable, but its profitability and cash flow 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'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.
XPER PE Valuation
XPER 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.
XPER Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
XPER 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 XPER on earnings quality, reporting a profit while its opponent remains loss making.
XPER Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.07 | — |
| Q3 2026 | -$0.68 | -525% |
| Q2 2026 | -$0.70 | -$0.62 |
| Q1 2026 | -$0.99 | -$0.56 |
| Q4 2025 | -$1.23 | -$0.92 |
| Q3 2025 | $0.16 | +$2.05 |
| Q2 2025 | -$0.08 | +$2.40 |
| Q1 2025 | -$0.43 | +$2.28 |
| Q4 2024 | -$0.31 | +$2.87 |
XPER has swung to a loss: it lost $0.68 per share over the past year, after a profit 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 XPER 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 XPER on profitability, with a higher operating margin.
XPER Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $114M | +2.1% |
| Q2 2026 | $114.5M | +8.1% |
| Q1 2026 | $114.2M | +0.2% |
| Q4 2025 | $116.5M | -4.8% |
| Q3 2025 | $111.6M | -16% |
| Q2 2025 | $105.9M | -11% |
| Q1 2025 | $114M | -4% |
| Q4 2024 | $122.4M | -11% |
XPER's revenue fell from its 2020 peak and has held roughly level since: $114M last quarter, up 2.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 1.6% | +2.8 points |
| Q2 2026 | 2.5% | +13 points |
| Q1 2026 | 1.9% | +16 points |
| Q4 2025 | -13% | -1 points |
| Q3 2025 | -1.2% | +13 points |
| Q2 2025 | -11% | +7.8 points |
| Q1 2025 | -14% | +13 points |
| Q4 2024 | -12% | +10 points |
XPER's operating margin was 1.6% last quarter, up 2.8 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 XPER on cash generation, producing positive trailing cash flow while its opponent burns cash.
XPER Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $3.3M | -51% |
| Q2 2026 | $14.1M | +47% |
| Q1 2026 | -$19.1M | +$4.2M |
| Q4 2025 | $1.2M | +$1.7M |
| Q3 2025 | $6.7M | +$12.4M |
| Q2 2025 | $9.5M | +$12.1M |
| Q1 2025 | -$23.3M | +$28.3M |
| Q4 2024 | -$510K | -103% |
XPER's free cash flow was −$633,000 over the past year, against −$8M 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 XPER 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.
XPER Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.7% | +360K shares |
| 1 year | +5.4% | +2.5M shares |
| 3 years | +13% | +5.5M shares |
| 5 years | +17% | +7.1M shares |
| Available history | -2.8% | -1.4M shares |
XPER has 49M diluted shares, up 5.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q4 2024 | $10M |
| Q2 2022 | — |
| Q1 2022 | — |
| Q4 2021 | — |
| Q3 2021 | $31.9M |
| Q2 2021 | $11M |
| Q1 2021 | $32.4M |
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).
XPER Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.2x | Net Cash |
| Q2 2026 | -1.4x | Net Cash |
| Q1 2026 | -1.3x | Net Cash |
| Q4 2025 | -12.5x | Net Cash |
| Q3 2025 | -8.5x | Net Cash |
| Q3 2021 | 2.9x | Moderate |
| Q2 2021 | 2.5x | Moderate |
| Q1 2021 | 2.6x | Moderate |
XPER 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).
XPER Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.8 | Neutral |
| Stochastic | 30.8 | Neutral |
XPER's weekly RSI is 50 (neutral) and its Stochastic is 31 (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.
XPER PE vs Technology Sector
| Metric | XPER | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 28x | — |
XPER 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 XPER on trend strength, trading above more of its moving averages.
XPER Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $5.44 | 13% above |
| 20 week MA | $6.27 | 1.9% below |
| 50 week MA | $6.37 | 3.5% below |
| 100 week MA | $6.94 | 11% below |
| 200 week MA | $8.51 | 28% below |
XPER has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 28% 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 XPER on returns for 2026, with the stronger performance.
XPER Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2022 | $14.8 | $8.35 | -44% |
| 2023 | $8.35 | $11.0 | +32% |
| 2024 | $11.0 | $10.1 | -8.1% |
| 2025 | $10.1 | $5.93 | -41% |
| 2026 YTD | $5.93 | $6.15 | +3.7% |
XPER has finished lower in three of the last four years. It's up 3.7% so far in 2026.