Up 77% in 3 weeks, is Raspberry Pi stock the next Nvidia?

Up 77% in 3 weeks, is Raspberry Pi stock the next Nvidia?

By Ben McPoland
Publication Date: 2026-02-24 15:53:00

Nvidia (NASDAQ:NVDA) stock has gained enough over the past 15 years to have minted many millionaires. We’re talking about a gain of 33,000%!

To put that mind-boggling figure into context, any investor who put £5k into Nvidia back then and held on for the ride would have over £1.5m today. Actually, I calculate it would be nearer £1.9m because the pound has lost value against the dollar since 2011.

Of course, in reality, most investors would never hold a stock this long. It takes a lot of courage to keep holding your winners, year after year. Someone who gets anxious when a stock becomes pricey would have sold Nvidia many moons ago.

Unfortunately, investors don’t have many UK tech stocks to choose from. But Raspberry Pi (LSE:RPI) is one that has been touted as a potential domestic tech giant in the making.

Could this be another Nvidia-type stock to mint millionaires?

Well, looking at the recent recent share price performance, it has certainly made some investors a lot of money this month. Since the first week of February, this FTSE 250 stock has soared 77%.

This makes it the best-performing mid-cap share in 2026 so far. Yet even after the sudden rise, it’s down 30% over the past year.

Looking at the company, I do see some similarities to Nvidia. The most obvious is that the firm makes computing hardware, specifically low-cost single-board computers. Think credit-card sized computers, microcontrollers, and accessories that are used by…