Stock Pitch - Raspberry Pi - is this tech star the next ARM?

Image credit: Raspberry Pi
Welcome back to our Stock Pitch series. Graham recently highlighted a small cap with a distinctive niche offering and a network of more than 3m registered users.
Today I want to look at another company that also has a strong franchise and an enthusiast community with over 3m members.
Shares in small, cheap computer specialist Raspberry PI Holdings (LON:RPI) rocketed 67% higher last week after the company reported a 63% rise in pre-tax profit for 2025.
If recent 20%+ sales growth can be maintained, I reckon this business could be generating £1bn in annual sales within six years. In this Stock Pitch I’m going to consider whether the numbers stack up for an investment today and explain why I think Raspberry Pi could be a true tech compounder - like ARM.
Disclosure: at the time of publication, Roland has no position in Raspberry Pi.
Share price at the time of publication: 465pMarket cap: £891m

The Pitch
Cambridge-based Raspberry Pi has its roots in an educational charity founded in 2008 to encourage kids to learn coding. The listed business whose...