Raspberry Pi Jumps 27% After Lifting H1 EBITDA Outlook to at Least $38 Million
Updated
Updated · Financial Times · Jun 5
Raspberry Pi Jumps 27% After Lifting H1 EBITDA Outlook to at Least $38 Million
2 articles · Updated · Financial Times · Jun 5
Summary
Raspberry Pi shares rose more than 27% to £10.51, giving the UK computer maker a value above £2 billion after it said first-half 2026 adjusted EBITDA would reach at least $38 million.
More than 4 million unit sales in the half and robust AI-linked demand drove the upgrade, putting the company on pace to beat analysts’ previous $42 million full-year EBITDA expectations.
Higher average selling prices and use of lower-cost DRam inventory lifted profitability, though Raspberry Pi said profit per device should moderate in the second half as that memory stock is depleted.
The company still said it was confident of securing enough DRam for production and plans to use debt for strategic memory purchases to manage price volatility.
About 250% gains this year reflect a broader investor shift from software into AI hardware, with Raspberry Pi also benefiting from hobbyist demand for devices that can run local AI agents.
Is Raspberry Pi's stock surge a true AI success story or a bubble fueled by volatile memory market tactics?
Can Raspberry Pi's low-cost devices truly challenge the dominance of Big Tech's cloud-based AI in the new agentic era?
Raspberry Pi’s Record-Breaking H1 2026: Upgraded Profit Forecast Driven by AI and Industrial Growth
Overview
Raspberry Pi achieved record-breaking results in the first half of 2026, driven by strong demand from OEMs and other customers. This exceptional performance led the company to significantly raise its annual profit forecast and set a solid foundation for future growth. Looking ahead, Raspberry Pi plans to expand its market share and deepen customer relationships, even as it anticipates some moderation in unit economics while working through its inventory of lower-cost memory. The company’s strategic focus and robust first-half results position it well for continued success in a dynamic market.