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LSE:RPI 23 May 2026

Raspberry Pi shares spike 11%, focus on memory prices

Raspberry Pi shares spike 11%, focus on memory prices

Raspberry Pi Holdings sits near a new high as it heads into a short trading week, following Friday’s 11.29% jump. That move beat the FTSE 250 and put the company’s market cap around £1.45 billion. Hargreaves Lansdown data had the shares closing at 749p, with the market shut at time of publication.
23 May 2026
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  1. Shares of Omnicell declined 9.9% following guidance for Q3 revenue of $304 million, which came in 2.9% below analyst expectations. The company had exceeded forecasts with Q2 revenue of $312.2 million and adjusted earnings per share of $0.94, but concerns arose due to the subdued outlook and an EPS guidance miss. So far this year, the stock has fallen 18.3% and remains 28.3% under its 52-week peak of $51.39.
  2. Garrett Motion (NYSE: GTX) shares climbed 6.6% after Deutsche Bank upgraded the stock to Buy and raised its price target to $36. This followed stronger-than-expected Q2 results and a better full-year 2026 guidance, underlining strong performance and confidence in future earnings. GTX has advanced 74.9% so far this year, although it remains 16.1% below its 52-week high of $36.23, following earlier volatility.
  3. Shares of Tyler Technologies (NYSE: TYL) slid more than 3% following an 8% increase in Q2 revenue to $645 million, missing analysts' expectations of $648 million. Adjusted net income edged up under 1% to $129 million, or $3.08 per share, just topping EPS forecasts of $3.07. The company revealed a $1.5 billion share repurchase program and projected 2026 revenue and earnings per share close to market consensus. Persistent weakness in the software sector weighed on market sentiment.