Raspberry Pi raises profit forecast to $38m on AI-driven demand for small computers
By
Laura Cress
Sesame, salt, and substance. A flagship bake.
Summary
Raspberry Pi has raised its profit forecast for the first half of 2026, citing strong demand for its small computers driven by growth in the AI sector. The Cambridge-based company expects adjusted earnings of at least $38m (£28.2m), which sent its shares up by as much as 25% in early trading, lifting its market value to around £2bn.
Key quotes
· 3 pulledRaspberry Pi has increased its profit expectations due to strong demand for the small computers amid rapid growth in the AI sector.
The Cambridge-based firm said it expected to deliver adjusted earnings of at least $38m (£28.2m) for the first half of 2026.
The update sent shares in the company up by as much as 25% in early trading on Friday, lifting its market value to around £2bn.
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