Rush Street Interactive, Inc. (NYSE:RSI – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the thirteen research firms that are presently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is $33.8889.
Several equities analysts have recently weighed in on the stock. Wall Street Zen lowered shares of Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 16th. Benchmark increased their target price on shares of Rush Street Interactive from $30.00 to $35.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. New Street Research set a $35.00 target price on shares of Rush Street Interactive in a report on Thursday, July 23rd. Jefferies Financial Group lifted their price target on shares of Rush Street Interactive from $30.00 to $32.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Needham & Company LLC upped their price target on Rush Street Interactive from $25.00 to $33.00 and gave the company a “buy” rating in a report on Wednesday, April 29th.
Key Headlines Impacting Rush Street Interactive
- Positive Sentiment: RSI reported record second-quarter revenue of $393.8 million, up 46% year over year and well above the roughly $367.8 million consensus estimate. Net income reached a record $29.3 million, while adjusted EBITDA rose 61% to $64.6 million. Rush Street Interactive Announces Second Quarter 2026 Results and Raises Full Year Guidance
- Positive Sentiment: Quarterly earnings were $0.15 per share, matching estimates and improving from $0.11 a year earlier. The earnings beat on revenue and stronger profitability indicate healthy operating leverage. Rush Street Interactive Q2 Earnings Match Estimates
- Positive Sentiment: The company raised 2026 guidance, projecting approximately $1.56 billion to $1.60 billion in revenue, above the roughly $1.5 billion consensus forecast. Growth is expected to benefit from the Alberta market launch and continued expansion in North American online casinos. Rush Street Interactive Projects 2026 Revenue as It Ramps Alberta Launch
- Positive Sentiment: Monthly active users in North American online casino markets increased 64%, reinforcing the company’s customer-acquisition and market-share momentum. Rush Street Interactive Q2 2026 Results
- Neutral Sentiment: RSI shares are trading near their 52-week high and above both their 50-day and 200-day moving averages, suggesting strong momentum but also a higher bar for future results.
- Negative Sentiment: At a P/E ratio near 100, the stock already reflects substantial growth expectations. A pre-earnings valuation analysis also pointed to potentially significant downside if execution or expansion slows. Earnings Watch: RSI
Rush Street Interactive Stock Performance
RSI opened at $31.08 on Thursday. The company has a market capitalization of $7.23 billion, a PE ratio of 100.27 and a beta of 1.56. The stock’s fifty day moving average is $29.89 and its 200-day moving average is $24.25. Rush Street Interactive has a one year low of $15.51 and a one year high of $34.53.
Rush Street Interactive (NYSE:RSI – Get Free Report) last announced its earnings results on Wednesday, July 29th. The company reported $0.15 earnings per share for the quarter, meeting the consensus estimate of $0.15. Rush Street Interactive had a return on equity of 17.21% and a net margin of 2.98%.The business had revenue of $393.78 million during the quarter, compared to analysts’ expectations of $367.75 million. During the same quarter last year, the business posted $0.11 earnings per share. The company’s quarterly revenue was up 46.3% on a year-over-year basis. On average, equities research analysts forecast that Rush Street Interactive will post 0.5 EPS for the current fiscal year.
Insider Buying and Selling
In other news, COO Mattias Stetz sold 20,000 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $31.22, for a total transaction of $624,400.00. Following the sale, the chief operating officer directly owned 197,874 shares of the company’s stock, valued at $6,177,626.28. The trade was a 9.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Richard Todd Schwartz sold 47,222 shares of the company’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $31.21, for a total value of $1,473,798.62. Following the sale, the chief executive officer directly owned 374,036 shares of the company’s stock, valued at approximately $11,673,663.56. This represents a 11.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 2,887,328 shares of company stock valued at $74,151,223. 52.89% of the stock is owned by insiders.
Institutional Trading of Rush Street Interactive
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Kemnay Advisory Services Inc. purchased a new stake in Rush Street Interactive during the fourth quarter valued at about $47,000. CoreCap Advisors LLC acquired a new position in shares of Rush Street Interactive in the second quarter worth about $54,000. Empowered Funds LLC purchased a new position in shares of Rush Street Interactive in the fourth quarter worth approximately $55,000. Osaic Holdings Inc. increased its position in shares of Rush Street Interactive by 62.2% in the second quarter. Osaic Holdings Inc. now owns 4,872 shares of the company’s stock worth $73,000 after acquiring an additional 1,868 shares in the last quarter. Finally, Lazard Asset Management LLC acquired a new stake in shares of Rush Street Interactive during the second quarter valued at approximately $90,000. Institutional investors and hedge funds own 24.78% of the company’s stock.
Rush Street Interactive Company Profile
Rush Street Interactive (NYSE: RSI) is a digital gaming and sports betting company that develops and operates online wagering platforms in regulated markets. As a subsidiary of Rush Street Gaming, the company specializes in delivering interactive casino games, live dealer experiences, and sports betting services through desktop and mobile applications. Its technology infrastructure is designed to support real-time wagering, secure transactions, and responsible gaming tools across multiple jurisdictions.
The company’s flagship brand, BetRivers, offers a range of casino titles—including slots, table games, and virtual sports—alongside a comprehensive sportsbook featuring pre-game and in-play betting markets.
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