Raspberry Pi Holdings (LON:RPI – Get Free Report) rose 19.6% on Thursday. The company traded as high as GBX 779 and last traded at GBX 755. 65,796,594 shares were traded during trading, an increase of 2,608% from the average session volume of 2,429,408 shares. The stock had previously closed at GBX 631.50.
More Raspberry Pi News
Here are the key news stories impacting Raspberry Pi this week:
- Positive Sentiment: Record first-half performance: Revenue rose 90% to $256.9 million, shipments reached 4.2 million units, and profit increased substantially. Strong industrial demand and higher volumes were key drivers. Reuters article
- Positive Sentiment: Upgraded outlook: Management expects fiscal 2026 EBITDA to exceed market expectations, adding to confidence that demand and operating leverage will support earnings growth. RTTNews article
- Positive Sentiment: Jefferies remains bullish: The broker reaffirmed its “buy” rating and set a GBX 960 price target, implying further upside from recent trading levels. Ticker Report article
- Positive Sentiment: Order book momentum: Raspberry Pi’s order book reportedly doubled, indicating robust future demand and improved visibility for sales. Investors’ Chronicle article
- Neutral Sentiment: Mixed analyst views: Berenberg reaffirmed its “hold” rating with a GBX 670 target, signaling that valuation and execution risks may limit near-term upside. Yahoo Finance article
- Negative Sentiment: Quality of earnings concerns: Part of the profit surge benefited from unusually cheap memory components, a tailwind analysts expect to fade. After the recent advance, investors may also be locking in gains, particularly given the stock’s elevated valuation.
Wall Street Analyst Weigh In
RPI has been the subject of several recent analyst reports. Berenberg Bank reiterated a “hold” rating and issued a GBX 670 price objective on shares of Raspberry Pi in a report on Friday. Deutsche Bank Aktiengesellschaft upped their price target on shares of Raspberry Pi from GBX 550 to GBX 650 and gave the company a “hold” rating in a report on Tuesday, June 16th. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 960 price target on shares of Raspberry Pi in a research report on Friday. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of GBX 760.
Raspberry Pi Price Performance
The firm has a market cap of £1.38 billion, a PE ratio of 64.68 and a beta of 0.45. The business has a fifty day moving average price of GBX 625.89 and a two-hundred day moving average price of GBX 643.21.
About Raspberry Pi
Our mission is to put high-performance, low-cost, general-purpose computing platforms in the hands of engineers and enthusiasts all over the world.
Since 2012, we’ve been designing single-board and modular computers, built on the Arm architecture, and running the Linux operating system. Whether you’re an educator looking to excite the next generation of computer scientists; an enthusiast searching for inspiration for your next project; or an OEM who needs a proven rock-solid foundation for your next generation of smart products, there’s a Raspberry Pi computer for you.
That’s not all we do.
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