Rush Street Interactive, Inc. (NYSE:RSI) Receives $21.38 Average Price Target from Brokerages

Rush Street Interactive, Inc. (NYSE:RSI) has received a consensus recommendation of “Moderate Buy” from the eleven brokerages that are presently covering the firm, Marketbeat Ratings 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 brokerages that have updated their coverage on the stock in the last year is $21.3750.

A number of equities analysts have commented on the stock. Susquehanna set a $22.00 price target on shares of Rush Street Interactive in a research note on Wednesday, January 21st. Zacks Research downgraded shares of Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Craig Hallum reissued a “buy” rating on shares of Rush Street Interactive in a research note on Tuesday, December 9th. JPMorgan Chase & Co. raised their price objective on Rush Street Interactive from $16.00 to $18.00 and gave the company a “neutral” rating in a report on Thursday, October 16th. Finally, Wall Street Zen raised Rush Street Interactive from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 7th.

Rush Street Interactive Price Performance

Shares of NYSE:RSI traded down $0.81 on Thursday, hitting $16.29. The company’s stock had a trading volume of 472,786 shares, compared to its average volume of 2,020,300. Rush Street Interactive has a 1 year low of $9.54 and a 1 year high of $22.65. The company has a market capitalization of $3.74 billion, a PE ratio of 65.30 and a beta of 1.54. The company has a 50-day simple moving average of $18.65 and a 200 day simple moving average of $19.07.

Insider Activity

In other news, CFO Kyle Sauers sold 160,067 shares of the firm’s stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $19.07, for a total transaction of $3,052,477.69. Following the transaction, the chief financial officer directly owned 663,306 shares of the company’s stock, valued at approximately $12,649,245.42. This trade represents a 19.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Richard Todd Schwartz sold 247,114 shares of Rush Street Interactive stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $17.61, for a total value of $4,351,677.54. Following the completion of the transaction, the chief executive officer owned 949,048 shares in the company, valued at approximately $16,712,735.28. This represents a 20.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 919,421 shares of company stock valued at $17,044,879. Corporate insiders own 56.94% of the company’s stock.

Institutional Trading of Rush Street Interactive

Large investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Rush Street Interactive by 4.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 45,163 shares of the company’s stock valued at $484,000 after purchasing an additional 1,893 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Rush Street Interactive by 18.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 689,701 shares of the company’s stock worth $7,394,000 after buying an additional 109,366 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of Rush Street Interactive by 45.3% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 18,670 shares of the company’s stock valued at $281,000 after buying an additional 5,819 shares during the period. IFP Advisors Inc raised its holdings in shares of Rush Street Interactive by 211.5% during the second quarter. IFP Advisors Inc now owns 99,993 shares of the company’s stock valued at $1,491,000 after acquiring an additional 67,896 shares in the last quarter. Finally, CWM LLC lifted its stake in Rush Street Interactive by 32.2% in the second quarter. CWM LLC now owns 25,881 shares of the company’s stock worth $386,000 after acquiring an additional 6,299 shares during the period. 24.78% of the stock is owned by institutional investors.

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.