UK's Raspberry Pi jumps on raising 2026 profit forecast
05/06/2026 08:16
BUZZ-UK's Raspberry Pi jumps on raising 2026 profit forecast ** Shares of single-board computing company Raspberry Pi RPI.L up 9.7% at 903.5 p
** Stock top gainer on the FTSE midcap index .FTMC, which is down 0.2%
** Co raises full-year 2026 profit forecast, says strong AI-related demand is expected to result in adjusted core profit "significantly ahead" of market expectations
** "We expect the strong revenue and earnings momentum to continue in 2027 as well," says analysts from Jefferies
** Stock has gained more than threefold in value so far this year
(Reporting by Roshni Srivastava in Bengaluru)