Rush Street Interactive, Inc. (NYSE:RSI) Receives $35.22 Average PT from Analysts

Rush Street Interactive, Inc. (NYSE:RSI) has received an average recommendation of “Moderate Buy” from the thirteen research firms that are presently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $35.2222.

Several analysts have recently weighed in on RSI shares. Citigroup reiterated a “market outperform” rating on shares of Rush Street Interactive in a research report on Thursday, July 30th. Benchmark upped their price target on shares of Rush Street Interactive from $30.00 to $35.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Wall Street Zen downgraded shares of Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 16th. Susquehanna lifted their price objective on shares of Rush Street Interactive from $30.00 to $36.00 and gave the company a “positive” rating in a report on Wednesday, July 29th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $39.00 price objective on shares of Rush Street Interactive in a research report on Thursday, July 30th.

Rush Street Interactive Stock Performance

Shares of NYSE RSI opened at $26.40 on Monday. Rush Street Interactive has a fifty-two week low of $15.51 and a fifty-two week high of $34.53. The company has a market cap of $6.12 billion, a price-to-earnings ratio of 91.04 and a beta of 1.59. The business’s 50 day moving average price is $29.21 and its 200-day moving average price is $25.46.

Rush Street Interactive (NYSE:RSI) last posted its quarterly earnings data on Wednesday, July 29th. The company reported $0.15 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.15. The company had revenue of $393.78 million during the quarter, compared to analysts’ expectations of $367.75 million. Rush Street Interactive had a return on equity of 18.88% and a net margin of 2.33%.Rush Street Interactive’s revenue was up 46.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.11 EPS. Sell-side analysts predict that Rush Street Interactive will post 0.49 earnings per share for the current year.

Insider Transactions at Rush Street Interactive

In other Rush Street Interactive news, CFO Kyle Sauers sold 23,000 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $26.65, for a total transaction of $612,950.00. Following the transaction, the chief financial officer directly owned 629,526 shares in the company, valued at $16,776,867.90. This trade represents a 3.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Paul Wierbicki sold 10,000 shares of Rush Street Interactive stock in a transaction on Thursday, June 25th. The shares were sold at an average price of $30.12, for a total value of $301,200.00. Following the sale, the insider directly owned 93,256 shares of the company’s stock, valued at approximately $2,808,870.72. This trade represents a 9.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 435,668 shares of company stock worth $12,787,583 over the last three months. Company insiders own 52.89% of the company’s stock.

Institutional Trading of Rush Street Interactive

A number of hedge funds have recently added to or reduced their stakes in the business. Global Retirement Partners LLC bought a new position in shares of Rush Street Interactive during the second quarter valued at approximately $35,000. CoreCap Advisors LLC acquired a new position in shares of Rush Street Interactive during the second quarter valued at about $54,000. Allworth Financial LP acquired a new position in Rush Street Interactive during the 2nd quarter valued at approximately $57,000. Kemnay Advisory Services Inc. acquired a new position in shares of Rush Street Interactive in the 4th quarter valued at $47,000. Finally, Empowered Funds LLC purchased a new position in shares of Rush Street Interactive in the fourth quarter worth about $55,000. 24.78% of the stock is owned by hedge funds and other 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.