Raspberry PI Holdings plc (RPI) AI Stock Analysis

• Market Cap: £675.24M
• Dividend Yield: N/A
• Average Volume (3M): 570.17K
• Price to Earnings (P/E): 91.8
• 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: 13.37% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 56 Neutral
• Price Target: 359.00p ▲(7.10% Upside)

The overall stock score reflects a combination of strong financial performance but is weighed down by bearish technical indicators and an overvalued P/E ratio. The lack of earnings call insights and corporate events further limits the potential for a higher score.

Raspberry PI Holdings plc Business Overview & Revenue Model

Company Description

Raspberry PI Holdings plc (RPI) is a leading technology company specializing in the development and manufacturing of low-cost, high-performance microcomputer boards and related accessories, primarily aimed at educational institutions, hobbyists, and developers. The company is renowned for its flagship product, the Raspberry Pi, a small, credit-card-sized computer that offers a versatile platform for learning programming, electronics, and robotics. RPI operates in multiple sectors, including education, embedded systems, and Internet of Things (IoT) solutions, providing a wide range of products that facilitate innovation and creativity in technology.

How the Company Makes Money

Raspberry PI Holdings generates revenue through several key streams. The primary source of income is the sale of Raspberry Pi hardware, including various models of microcomputers and accessories such as power supplies, cases, and additional components. The company also earns revenue through the licensing of its technology and software solutions, as well as through partnerships with educational institutions and organizations that utilize Raspberry Pi products in their curricula. Furthermore, RPI benefits from a growing ecosystem of third-party developers who create and sell additional products and services compatible with Raspberry Pi, contributing to the overall revenue through collaborative initiatives and joint ventures. The focus on low-cost solutions allows RPI to penetrate various markets, expanding its customer base and driving sales volume.

Raspberry PI Holdings plc Financial Statement Overview

Summary

Raspberry PI Holdings has demonstrated strong revenue growth and a stable balance sheet. However, the decline in profitability margins and negative free cash flow in the latest year highlight areas needing improvement, particularly in operational efficiency and capital expenditure management.

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	7.32M	5.57M	1.35M	1.73M	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: 335.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 335.2 is below the 20-day moving average (MA) of 358.38, below the 50-day MA of 385.41, and below the 200-day MA of 469.76, indicating a bearish trend. The MACD of -13.69 indicates Positive momentum. The RSI at 30.69 is Neutral, neither overbought nor oversold. The STOCH value of 17.38 is Positive, 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	£2.53B	30.13	9.15%	2.15%	3.15%	-13.57%
DSCV	68 Neutral	£552.95M	22.56	8.07%	2.22%	-3.23%	58.34%
RPI	56 Neutral	£675.24M	91.84	4.60%	―	―	―
Sector *	55 Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
SOLI	55 Neutral	£83.84M	163.89	0.81%	1.69%	-23.42%	-94.25%
TTG	55 Neutral	£265.59M	-3.81	-31.42%	―	-16.33%	-448.12%
KETL	46 Neutral	£78.41M	―	―	―	-1.95%	-110.12%

Raspberry PI Holdings plc Corporate Events

Raspberry Pi CFO Richard Boult to Step Down in 2026

Raspberry Pi Holdings plc announced that its Chief Financial Officer, Richard Boult, will step down in the second half of 2026 after seven years with the company. Boult has played a crucial role in the company’s growth and its successful IPO in June 2024. A formal search for his successor is underway, with Boult assisting in the transition to ensure continuity as the company prepares for its next growth phase.

The most recent analyst rating on (GB:RPI) stock is a Hold with a £419.00 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 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.