Raspberry Pi raises 2026 profit forecast as AI demand drives earnings

Raspberry Pi raised its full-year 2026 profit forecast, saying AI-related demand will drive adjusted core profit "significantly ahead" of market expectations.

The Cambridge-based single-board computer maker has benefited from surging demand for edge-AI applications, with its semiconductor chips now outselling its boards. The company reported strong first-half results that prompted the upgrade.

In 2025, Raspberry Pi posted revenue of $323.2mn, up 25 percent from a year earlier, while pre-tax profit climbed 63 percent to $26.5mn. Jefferies lifted its 2026 revenue forecast by 42 percent to $511mn, reflecting growing adoption of the company's low-cost computing platforms for AI workloads.

Raspberry Pi shares have gained 198.63 percent year to date in 2026, making it one of the best-performing UK-listed technology stocks. The stock trades near 50 times forward earnings, a valuation that several analysts have flagged as carrying meme-stock characteristics given the gap between price and current earnings.

The guidance raise signals management expects AI demand to accelerate further. Investors will watch the first-half earnings report for updated segment margins and order pipeline data.

This article is for informational purposes only and does not constitute investment advice.