Rush Street Interactive, Inc. (NYSE:RSI) Given Average Rating of “Moderate Buy” by Brokerages

Rush Street Interactive, Inc. (NYSE:RSI) has received an average rating of “Moderate Buy” from the eleven analysts that are currently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $21.25.

A number of equities research analysts have recently commented on RSI shares. Benchmark restated a “buy” rating on shares of Rush Street Interactive in a research report on Wednesday. Weiss Ratings restated a “hold (c-)” rating on shares of Rush Street Interactive in a research report on Monday, December 29th. Jefferies Financial Group upped their target price on Rush Street Interactive from $26.00 to $27.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Susquehanna lifted their price target on shares of Rush Street Interactive from $22.00 to $23.00 and gave the company a “positive” rating in a research note on Tuesday, December 16th. Finally, Wall Street Zen raised shares of Rush Street Interactive from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 7th.

Rush Street Interactive Price Performance

Shares of NYSE RSI opened at $19.76 on Friday. The stock has a market capitalization of $4.53 billion, a price-to-earnings ratio of 79.06 and a beta of 1.57. The firm’s 50 day simple moving average is $18.64 and its 200-day simple moving average is $18.67. Rush Street Interactive has a 12 month low of $9.54 and a 12 month high of $22.65.

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. Rush Street Interactive had a net margin of 2.83% and a return on equity of 17.11%. The firm had revenue of $277.91 million for the quarter, compared to the consensus estimate of $264.60 million. During the same period in the prior year, the firm posted $0.05 earnings per share. The firm’s quarterly revenue was up 19.7% compared to the same quarter last year. Analysts anticipate that Rush Street Interactive will post 0.04 earnings per share for the current fiscal year.

Insider Transactions at Rush Street Interactive

In other Rush Street Interactive news, CFO Kyle Sauers sold 160,067 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the chief financial officer directly owned 663,306 shares in the company, valued at approximately $12,649,245.42. The trade was a 19.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Mattias Stetz sold 90,000 shares of the stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $19.09, for a total value of $1,718,100.00. The disclosure for this sale is available in the SEC filing. Insiders sold 876,212 shares of company stock valued at $16,241,748 over the last 90 days. Corporate insiders own 56.94% of the company’s stock.

Institutional Trading of Rush Street Interactive

Several large investors have recently made changes to their positions in the company. Allspring Global Investments Holdings LLC purchased a new stake in shares of Rush Street Interactive during the second quarter worth $361,000. Arrowstreet Capital Limited Partnership boosted its position in Rush Street Interactive by 38.1% during the second quarter. Arrowstreet Capital Limited Partnership now owns 1,443,545 shares of the company’s stock worth $21,509,000 after acquiring an additional 398,089 shares during the last quarter. Strs Ohio purchased a new stake in Rush Street Interactive during the 1st quarter valued at about $589,000. Caxton Associates LLP raised its holdings in Rush Street Interactive by 77.8% in the 2nd quarter. Caxton Associates LLP now owns 121,202 shares of the company’s stock valued at $1,806,000 after acquiring an additional 53,048 shares during the last quarter. Finally, William Blair Investment Management LLC raised its holdings in Rush Street Interactive by 4.8% in the 2nd quarter. William Blair Investment Management LLC now owns 2,675,601 shares of the company’s stock valued at $39,866,000 after acquiring an additional 121,992 shares during the last quarter. 24.78% of the stock is currently 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.