Raspberry PI Holdings plc (RPI) AI Stock Analysis

• Market Cap: £714.33M
• Dividend Yield: N/A
• Average Volume (3M): 570.17K
• Price to Earnings (P/E): 97.2
• Beta (1Y): 1.14
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: UK
• Employees: 134
• Sector: General
• Sector Strength: N/A
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.03
• Shares Outstanding: 193,479,550
• 10 Day Avg. Volume: 451,934
• 30 Day Avg. Volume: 570,173
• PEG Ratio: -1.56
• Price to Book (P/B): 5.36
• Price to Sales (P/S): 4.35
• P/FCF Ratio: -42.90
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £380.00
• Price Target Upside: 2.93% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 58 Neutral
• Price Target: 419.00p ▲(13.49% Upside)

Raspberry PI Holdings' overall score is primarily influenced by its strong financial performance, despite challenges in profitability and cash flow. Technical indicators suggest a bearish trend, and the high P/E ratio points to overvaluation concerns. The absence of dividend yield further impacts the valuation score.

Raspberry PI Holdings plc Business Overview & Revenue Model

Company Description

Raspberry Pi Holdings plc designs and develops single board computers and compute modules worldwide. It offers computers and microcontrollers, cameras and displays, add-on boards, power supplies and cables, cases, and peripherals, as well as semiconductor and custom products. The company also provides Raspberry Pi Desktop for PC and Mac; Raspberry Pi Connect, a screen sharing solution that allows to connect Raspberry Pi desktop directly from various browser; and Raspberry Pi Imager and OS software products. In addition, it operates Raspberry Pi Press for publishing magazines and books; and Raspberry Pi store, a retail space. The company offers its products to industrial Internet of Things customers and embedded uses; original equipment manufacturers; and educators and enthusiasts. The company was incorporated in 2012 and is based in Cambridge, the United Kingdom.

How the Company Makes Money

Raspberry Pi Holdings plc generates revenue through the sale of its single-board computers and related accessories. The company offers a variety of products, including different models of the Raspberry Pi, each catering to different performance needs and use cases. In addition to direct sales to consumers and businesses, RPI partners with authorized distributors and resellers globally to reach a wider market. The company also benefits from partnerships with educational organizations and governments to integrate its products into STEM education programs, further driving sales. Additionally, RPI may generate revenue through licensing agreements, collaborations with technology companies for product development, and contributions from its active community and ecosystem.

Raspberry PI Holdings plc Financial Statement Overview

Summary

Raspberry PI Holdings shows robust revenue growth and a stable balance sheet with a healthy debt-to-equity ratio. However, declining profitability margins and negative free cash flow in the latest year indicate areas needing improvement.

Income Statement

Raspberry PI Holdings has shown robust revenue growth over the past years, with a significant increase in total revenue from previous periods. The gross profit margin has remained stable, reflecting strong cost management. However, there is a noticeable decline in EBIT margin and EBITDA margin in the latest year, indicating rising operational costs or lower efficiency.

Balance Sheet

The balance sheet is strong with a healthy debt-to-equity ratio, suggesting low financial leverage. The company has maintained a solid equity ratio, indicating a strong capital structure. There is a consistent increase in stockholders' equity, showcasing a stable financial position. However, the rise in total liabilities over the years needs monitoring.

Cash Flow

The cash flow statement reveals some challenges, with negative free cash flow in the latest year due to high capital expenditures. The operating cash flow to net income ratio has declined, which might impact liquidity if not addressed. Despite this, the company has historically managed positive operating cash flows, indicating potential for recovery.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	259.50M	213.83M	187.86M	102.22M	73.07M
Gross Profit	63.20M	48.11M	30.14M	27.71M	22.24M
EBITDA	29.40M	36.36M	20.67M	16.61M	14.23M
Net Income	11.70M	31.57M	17.07M	10.80M	12.57M
Balance Sheet
Total Assets	331.40M	208.15M	122.54M	93.61M	45.04M
Cash, Cash Equivalents and Short-Term Investments	45.80M	42.21M	27.30M	25.42M	771.47K
Total Debt	6.20M	5.57M	1.35M	1.56M	1.73M
Total Liabilities	121.00M	83.26M	33.46M	23.08M	16.81M
Stockholders Equity	210.40M	124.89M	89.08M	70.52M	28.24M
Cash Flow
Free Cash Flow	-26.30M	13.49M	2.83M	-5.17M	6.72M
Operating Cash Flow	-3.20M	16.55M	11.55M	200.68K	8.04M
Investing Cash Flow	-23.10M	-23.10M	-8.72M	-5.37M	-10.11M
Financing Cash Flow	29.80M	15.84M	-4.38M	29.44M	-3.23M

Raspberry PI Holdings plc Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 369.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:RPI, the sentiment is Negative. The current price of 369.2 is below the 20-day moving average (MA) of 390.98, below the 50-day MA of 403.46, and below the 200-day MA of 493.99, indicating a bearish trend. The MACD of -11.00 indicates Positive momentum. The RSI at 38.67 is Neutral, neither overbought nor oversold. The STOCH value of 35.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:RPI.

Raspberry PI Holdings plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RSW	69 Neutral	£2.67B	31.87	9.15%	1.52%	3.15%	-13.57%
DSCV	68 Neutral	£572.09M	23.34	8.07%	2.09%	-3.23%	58.34%
RPI	58 Neutral	£714.33M	97.16	4.60%	―	―	―
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
SOLI	55 Neutral	£85.26M	166.67	0.81%	1.67%	-23.42%	-94.25%
TTG	49 Neutral	£172.20M	-2.47	-31.42%	―	-16.33%	-448.12%
KETL	46 Neutral	£78.64M	―	―	―	-1.95%	-110.12%

Raspberry PI Holdings plc Corporate Events

Raspberry Pi Launches Enterprise-Focused Raspberry Pi 500+ with NComputing Partnership

Raspberry Pi Holdings plc has launched the Raspberry Pi 500+, an all-in-one keyboard computer, in collaboration with NComputing, aimed at providing affordable and secure enterprise endpoints. This launch comes as a response to the end of Windows 10 support, offering a cost-effective alternative for enterprises unable to migrate to Windows 11. The Raspberry Pi 500+ features a powerful processor, ample RAM, and connectivity options, while NComputing’s LEAF OS enhances security and cloud integration. This partnership positions Raspberry Pi as a significant player in the enterprise market, offering a compelling solution to traditional vendor offerings.

The most recent analyst rating on (GB:RPI) stock is a Hold with a £4.20 price target. To see the full list of analyst forecasts on Raspberry PI Holdings plc stock, see the GB:RPI Stock Forecast page.

Raspberry Pi Holdings Reports Mixed H1 2025 Results Amid Strong Product Demand

Raspberry Pi Holdings plc reported a mixed financial performance for the first half of 2025, with revenue and profit before tax declining by 6% and 43% respectively compared to the previous year. Despite these declines, the company saw a 21% increase in direct sales of single-board computers and Compute Modules, driven by strong demand from OEM customers. The company launched seven new products and achieved a milestone with semiconductor unit volumes surpassing board unit volumes for the first time. Looking ahead, Raspberry Pi is optimistic about the second half of the year, expecting higher volumes supported by strong demand and a substantial order backlog, while maintaining profit expectations for the full year.

The most recent analyst rating on (GB:RPI) stock is a Hold with a £4.20 price target. To see the full list of analyst forecasts on Raspberry PI Holdings plc stock, see the GB:RPI Stock Forecast page.

Raspberry Pi Holdings to Announce Half-Year Results

Raspberry Pi Holdings plc announced it will release its half-year results for the period ending 30 June 2025 on 23 September 2025. The company will host a hybrid analyst and investor briefing, followed by a virtual presentation and Q&A session. This announcement underscores Raspberry Pi’s commitment to transparency and engagement with stakeholders, potentially impacting its market positioning and investor relations.

The most recent analyst rating on (GB:RPI) stock is a Hold with a £4.60 price target. To see the full list of analyst forecasts on Raspberry PI Holdings plc stock, see the GB:RPI Stock Forecast page.

Raspberry Pi Holdings Announces Total Voting Rights Update

Raspberry Pi Holdings plc announced its total voting rights as of July 31, 2025, with an issued share capital consisting of 193,479,551 ordinary shares, each carrying voting rights. This information is crucial for shareholders to determine their notification obligations under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:RPI) stock is a Hold with a £4.60 price target. To see the full list of analyst forecasts on Raspberry PI Holdings plc stock, see the GB:RPI Stock Forecast page.

Raspberry Pi Holdings Announces Share Sale by CEO’s Associate

Raspberry Pi Holdings plc announced the sale of ordinary shares by Elizabeth Upton, who is closely associated with CEO Eben Upton. The transaction involved the sale of 30,000 shares at an aggregated price of £4.246533, conducted on the London Stock Exchange. This sale may impact the company’s shareholding structure and could be of interest to investors and stakeholders monitoring insider transactions.

The most recent analyst rating on (GB:RPI) stock is a Hold with a £770.00 price target. To see the full list of analyst forecasts on Raspberry PI Holdings plc stock, see the GB:RPI Stock Forecast page.

Raspberry Pi Announces Block Listing of Shares to Support Incentive Plans

Raspberry Pi Holdings plc has applied for a block listing of 13,580,092 ordinary shares on the London Stock Exchange, under the Raspberry Pi 2024 Long Term Incentive Plan. This move is aimed at supporting various share awards, including performance share plans and market value options for the executive and wider workforce, reflecting the company’s commitment to incentivizing its team and aligning with its strategic growth objectives.

The most recent analyst rating on (GB:RPI) stock is a Hold with a £4.60 price target. To see the full list of analyst forecasts on Raspberry PI Holdings plc stock, see the GB:RPI Stock Forecast page.