Rush Street Interactive, Inc. (NYSE:RSI) Receives $21.25 Consensus Price Target from Analysts

Shares of Rush Street Interactive, Inc. (NYSE:RSI) have been given an average recommendation of “Moderate Buy” by the eleven analysts that are covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $21.25.

RSI has been the topic of a number of analyst reports. Wall Street Zen upgraded shares of Rush Street Interactive from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 7th. Jefferies Financial Group increased their price target on Rush Street Interactive from $26.00 to $27.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Craig Hallum restated a “buy” rating on shares of Rush Street Interactive in a research note on Tuesday, December 9th. Needham & Company LLC upped their target price on Rush Street Interactive from $21.00 to $23.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Finally, Zacks Research cut Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th.

Rush Street Interactive Price Performance

Shares of NYSE RSI opened at $18.77 on Friday. The firm has a market cap of $4.30 billion, a price-to-earnings ratio of 75.06 and a beta of 1.57. The stock’s fifty day moving average price is $18.53 and its two-hundred day moving average price is $18.66. Rush Street Interactive has a one year low of $9.54 and a one year high of $22.65.

Rush Street Interactive (NYSE:RSI) last announced its earnings results on Wednesday, October 29th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. Rush Street Interactive had a net margin of 2.83% and a return on equity of 17.11%. The company had revenue of $277.91 million during the quarter, compared to analysts’ expectations of $264.60 million. During the same quarter in the previous year, the business posted $0.05 earnings per share. Rush Street Interactive’s quarterly revenue was up 19.7% on a year-over-year basis. On average, equities analysts anticipate that Rush Street Interactive will post 0.04 earnings per share for the current fiscal year.

Insider Buying and Selling at Rush Street Interactive

In related news, CFO Kyle Sauers sold 160,067 shares of Rush Street Interactive stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $19.07, for a total value of $3,052,477.69. Following the transaction, the chief financial officer directly owned 663,306 shares of the company’s stock, valued at $12,649,245.42. This trade represents a 19.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Richard Todd Schwartz sold 134,148 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $18.37, for a total transaction of $2,464,298.76. Following the transaction, the chief executive officer owned 514,578 shares of the company’s stock, valued at approximately $9,452,797.86. This represents a 20.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 876,212 shares of company stock valued at $16,241,748 in the last ninety days. 56.89% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Rush Street Interactive

Several hedge funds and other institutional investors have recently modified their holdings of RSI. SG Americas Securities LLC lifted its position in shares of Rush Street Interactive by 442.0% during the 4th quarter. SG Americas Securities LLC now owns 267,334 shares of the company’s stock worth $5,194,000 after buying an additional 218,008 shares during the last quarter. Diversified Trust Co. raised its stake in Rush Street Interactive by 6.7% during the fourth quarter. Diversified Trust Co. now owns 28,864 shares of the company’s stock worth $561,000 after acquiring an additional 1,815 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Rush Street Interactive by 29.6% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 25,164 shares of the company’s stock worth $489,000 after acquiring an additional 5,742 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Rush Street Interactive by 57.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 213,943 shares of the company’s stock valued at $4,382,000 after purchasing an additional 77,698 shares in the last quarter. Finally, Tudor Investment Corp ET AL grew its holdings in shares of Rush Street Interactive by 72.7% during the 3rd quarter. Tudor Investment Corp ET AL now owns 1,000,911 shares of the company’s stock valued at $20,499,000 after purchasing an additional 421,234 shares during the last quarter. Institutional investors 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.