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

Rush Street Interactive, Inc. (NYSE:RSI) has been given an average rating of “Moderate Buy” by the twelve ratings firms that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $21.25.

A number of research analysts have commented on RSI shares. JPMorgan Chase & Co. upped their price target on Rush Street Interactive from $16.00 to $18.00 and gave the company a “neutral” rating in a research report on Thursday, October 16th. Benchmark lifted their price objective on Rush Street Interactive from $20.00 to $24.00 and gave the stock a “buy” rating in a research report on Monday, September 8th. Weiss Ratings restated a “hold (c)” rating on shares of Rush Street Interactive in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of Rush Street Interactive from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 7th. Finally, Needham & Company LLC upped their price objective on shares of Rush Street Interactive from $21.00 to $23.00 and gave the stock a “buy” rating in a report on Thursday, October 30th.

Rush Street Interactive Stock Performance

Shares of Rush Street Interactive stock opened at $19.44 on Wednesday. The company’s 50 day moving average price is $18.26 and its 200-day moving average price is $17.94. Rush Street Interactive has a 52-week low of $9.54 and a 52-week high of $22.65. The stock has a market capitalization of $4.46 billion, a price-to-earnings ratio of 77.76 and a beta of 1.65.

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

Insider Buying and Selling

In other Rush Street Interactive news, CEO Richard Todd Schwartz sold 134,148 shares of Rush Street Interactive stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $18.37, for a total transaction of $2,464,298.76. Following the sale, the chief executive officer directly owned 514,578 shares of the company’s stock, valued at approximately $9,452,797.86. The trade was a 20.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Mattias Stetz sold 30,000 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $18.51, for a total value of $555,300.00. Following the completion of the transaction, the chief operating officer directly owned 164,806 shares of the company’s stock, valued at $3,050,559.06. This represents a 15.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 756,753 shares of company stock valued at $13,968,614 over the last three months. Corporate insiders own 56.94% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Jump Financial LLC increased its position in shares of Rush Street Interactive by 41.5% during the first quarter. Jump Financial LLC now owns 300,400 shares of the company’s stock valued at $3,220,000 after acquiring an additional 88,155 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new stake in shares of Rush Street Interactive in the 2nd quarter worth $361,000. Comerica Bank purchased a new position in shares of Rush Street Interactive in the first quarter worth $732,000. American Century Companies Inc. boosted its position in shares of Rush Street Interactive by 29.5% during the first quarter. American Century Companies Inc. now owns 191,324 shares of the company’s stock valued at $2,051,000 after buying an additional 43,577 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in Rush Street Interactive by 38.1% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,443,545 shares of the company’s stock worth $21,509,000 after buying an additional 398,089 shares during the last quarter. 24.78% of the stock is currently 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.