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Raspberry Pi Holdings plcLSE:RPI Stock Report

Market Cap UK£1.3b
Share Price
UK£6.52
UK£4.59
42.1% overvalued intrinsic discount
1Y37.7%
7D9.5%
Portfolio Value
View

Raspberry Pi Holdings plc

LSE:RPI Stock Report

Market Cap: UK£1.3b

Raspberry Pi Holdings (RPI) Stock Overview

Designs and develops single-board computers, compute module, and semiconductors in the United Kingdom, Europe, the United States, Asia Pacific, and internationally. More details

RPI fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends0/6

RPI Community Fair Values

Create Narrative

See what 47 others think this stock is worth. Follow their fair value or set your own to get alerts.

Raspberry Pi Holdings plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Raspberry Pi Holdings
Historical stock prices
Current Share PriceUK£6.52
52 Week HighUK£6.85
52 Week LowUK£2.54
Beta0
1 Month Change33.72%
3 Month Change138.13%
1 Year Change37.73%
3 Year Changen/a
5 Year Changen/a
Change since IPO69.35%

Recent News & Updates

Recent updates

RPI: Equity Offering And Margin Pressure Will Limit Future Share Upside

Analysts have trimmed their fair value estimate for Raspberry Pi Holdings slightly to £4.59 from £4.60, reflecting updated assumptions around revenue growth, profit margins, the discount rate, and future P/E expectations. What's in the News Raspberry Pi Holdings completed a follow on equity offering of £60.0 million, issuing 10,909,090 ordinary shares at £5.50 under Regulation S and Rule 144A (Key Developments).

RPI: On-Device AI Push Will Face Lower Margins And Rich Earnings Multiple

Analysts have lifted their price target for Raspberry Pi Holdings by roughly £0.10 per share, reflecting updated assumptions for fair value, discount rate, revenue, profit margin and future P/E. What's in the News Issued earnings guidance for Fiscal Year 2026, indicating full-year profitability is anticipated to be in line with market estimates, while revenue is expected to be materially higher than those estimates (corporate guidance).

RPI: On Device AI Edge Expansion Will Drive Future Upside

Analysts have modestly adjusted their price outlook on Raspberry Pi Holdings, reflecting updated assumptions around discount rates, revenue growth, profit margins, and a slightly lower future P/E multiple. These changes together reshape how they value the company in £ terms.

RPI: On-Device AI Expansion Will Meet Stable Margins And Muted Repricing

Analysts have slightly revised their fair value assumptions for Raspberry Pi Holdings, with the latest work on discount rates, revenue growth, profit margins and future P/E multiples feeding through to a modest change in the implied long term price target for the shares, expressed in £ terms. What's in the News Raspberry Pi Holdings launched the Raspberry Pi AI HAT+ 2, an add on board for Raspberry Pi 5 that expands the company's on device AI capabilities, following the earlier Pi AI HAT+ introduced in October 2024 (Key Developments).

RPI: AI Edge Ambitions Will Face Margin And Valuation Headwinds

Analysts have trimmed their price target on Raspberry Pi Holdings to £2.94 from £3.86, reflecting updated assumptions for slightly higher discount rates, stronger projected revenue, a lower profit margin and a more moderate future P/E of 34.55x. What's in the News Raspberry Pi Holdings announced the Raspberry Pi AI HAT+ 2 for Raspberry Pi 5, an add-on board aimed at expanding on-device AI capabilities, including support for generative AI workloads (Key Developments).

RPI: On Device AI Expansion Will Support Future Upside

Analysts have trimmed their implied fair value estimate for Raspberry Pi Holdings slightly. The updated price target now reflects modestly higher discount rate assumptions and only small tweaks to revenue growth, profit margin and future P/E expectations.

RPI: AI Expansion And CFO Transition Will Support Future Upside

Narrative Update on Raspberry Pi Holdings The analyst price target for Raspberry Pi Holdings has been revised lower to reflect updated views on fair value, a higher assumed future P/E multiple, and changes to expected revenue growth and profit margins, with analysts highlighting a rebalanced mix of growth and profitability assumptions behind the move. What's in the News Raspberry Pi Holdings launched the Raspberry Pi AI HAT+ 2, an add on board for Raspberry Pi 5 that expands the company's on device AI capabilities into generative AI workloads, using the Hailo 10H neural network accelerator with 8GB of dedicated DRAM and support for large language and vision language models (Key Developments).

RPI: CFO Succession And Refined Assumptions Will Support Future Upside

Narrative Update on Raspberry Pi Holdings Analysts have trimmed their implied price target for Raspberry Pi Holdings by aligning fair value slightly lower at £6.14. This reflects updated assumptions that incorporate modest adjustments to the discount rate, revenue growth, profit margin and future P/E expectations.

Estimating The Fair Value Of Raspberry Pi Holdings plc (LON:RPI)

Jan 06
Estimating The Fair Value Of Raspberry Pi Holdings plc (LON:RPI)

RPI: Revenue Outlook Will Support Confidence Despite Upcoming Finance Leadership Transition

Narrative Update on Raspberry Pi Holdings Analysts have trimmed their price target on Raspberry Pi Holdings from £6.54 to £6.27. This reflects the impact of a slightly higher discount rate and modestly lower margin expectations, partly offset by stronger projected revenue growth.

RPI: Cloud Endpoint Shift Will Drive Stronger Outlook Despite Margin Pressure

Narrative Update on Raspberry Pi Holdings Analysts have modestly reduced their price target on Raspberry Pi Holdings from approximately £4.41 to £3.86, citing slightly lower expected profit margins and valuation multiples that more than offset a small uplift in forecast revenue growth. What's in the News Chief Financial Officer Richard Boult plans to step down in the second half of 2026 after seven years with Raspberry Pi Holdings, with a formal search underway to manage an orderly succession and support the next phase of growth (company announcement).

Raspberry Pi Holdings (LON:RPI) Might Be Having Difficulty Using Its Capital Effectively

Oct 06
Raspberry Pi Holdings (LON:RPI) Might Be Having Difficulty Using Its Capital Effectively

Edge Computing And Digital Transformation Will Unlock New Opportunities

Despite improved revenue growth forecasts, a sharply lower valuation multiple (Future P/E) has led to a notable reduction in Raspberry Pi Holdings’ consensus analyst price target from £5.64 to £4.96. Valuation Changes Summary of Valuation Changes for Raspberry Pi Holdings The Consensus Analyst Price Target has significantly fallen from £5.64 to £4.96.

Raspberry Pi Holdings plc (LON:RPI) Not Lagging Industry On Growth Or Pricing

Sep 04
Raspberry Pi Holdings plc (LON:RPI) Not Lagging Industry On Growth Or Pricing
User avatar

Edge Computing And Digital Transformation Will Unlock New Opportunities

Expansion into industrial OEMs, new product launches, and global partnerships positions Raspberry Pi for sustained growth and stronger market presence.

Investors Appear Satisfied With Raspberry Pi Holdings plc's (LON:RPI) Prospects As Shares Rocket 28%

May 28
Investors Appear Satisfied With Raspberry Pi Holdings plc's (LON:RPI) Prospects As Shares Rocket 28%

Raspberry Pi Holdings plc's (LON:RPI) 30% Share Price Plunge Could Signal Some Risk

Apr 08
Raspberry Pi Holdings plc's (LON:RPI) 30% Share Price Plunge Could Signal Some Risk

Is Raspberry Pi Holdings plc (LON:RPI) Worth UK£4.7 Based On Its Intrinsic Value?

Apr 01
Is Raspberry Pi Holdings plc (LON:RPI) Worth UK£4.7 Based On Its Intrinsic Value?

Shareholder Returns

RPIGB TechGB Market
7D9.5%1.7%-0.1%
1Y37.7%14.6%19.6%

Return vs Industry: RPI exceeded the UK Tech industry which returned 14.6% over the past year.

Return vs Market: RPI exceeded the UK Market which returned 19.6% over the past year.

Price Volatility

Is RPI's price volatile compared to industry and market?
RPI volatility
RPI Average Weekly Movement20.8%
Tech Industry Average Movement6.9%
Market Average Movement5.5%
10% most volatile stocks in GB Market11.4%
10% least volatile stocks in GB Market3.2%

Stable Share Price: RPI's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: RPI's weekly volatility has increased from 12% to 21% over the past year.

About the Company

FoundedEmployeesCEOWebsite
2012140Eben Uptonwww.raspberrypi.com

Raspberry Pi Holdings plc designs and develops single-board computers, compute module, and semiconductors in the United Kingdom, Europe, the United States, Asia Pacific, and internationally. The company provides computers and microcontrollers, cameras and displays, add-on boards, power supplies and cables, cases, and peripherals. It offers Raspberry Pi Connect, a secure remote access solution for Raspberry Pi OS which allows to connect to your Raspberry Pi desktop from any browser; Raspberry Pi Desktop for any PC or Apple Mac computer; Raspberry Pi Imager, which installs Raspberry Pi OS and other operating systems to a microSD card and OS software products; and Raspberry Pi OS, a supported operating system for organizations.

Raspberry Pi Holdings plc Fundamentals Summary

How do Raspberry Pi Holdings's earnings and revenue compare to its market cap?
RPI fundamental statistics
Market capUK£1.26b
Earnings (TTM)UK£15.99m
Revenue (TTM)UK£238.12m
78.9x
P/E Ratio
5.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RPI income statement (TTM)
RevenueUS$323.20m
Cost of RevenueUS$245.40m
Gross ProfitUS$77.80m
Other ExpensesUS$56.10m
EarningsUS$21.70m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.11
Gross Margin24.07%
Net Profit Margin6.71%
Debt/Equity Ratio0%

How did RPI perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/03 18:11
End of Day Share Price 2026/05/01 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Raspberry Pi Holdings plc is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert SandersDeutsche Bank
Janardan MenonJefferies LLC
Charles HallPeel Hunt LLP