Rush Street Interactive, Inc. (NYSE:RSI) Receives Consensus Rating of “Moderate Buy” from Analysts

Rush Street Interactive, Inc. (NYSE:RSI) has earned an average rating of “Moderate Buy” from the thirteen ratings firms that are currently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $35.2222.

A number of research analysts have recently issued reports on RSI shares. Oppenheimer boosted their price target on shares of Rush Street Interactive from $30.00 to $36.00 and gave the stock an “outperform” rating in a research report on Friday, July 24th. Jefferies Financial Group reiterated a “buy” rating and set a $39.00 price objective on shares of Rush Street Interactive in a research report on Thursday, July 30th. Benchmark lifted their target price on shares of Rush Street Interactive from $30.00 to $35.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. JPMorgan Chase & Co. upped their price target on shares of Rush Street Interactive from $26.00 to $30.00 and gave the company a “neutral” rating in a research report on Wednesday, July 15th. Finally, Citizens Jmp increased their price target on Rush Street Interactive from $33.00 to $34.00 and gave the stock a “market outperform” rating in a report on Thursday, July 30th.

Rush Street Interactive Price Performance

Shares of RSI opened at $25.70 on Monday. The business has a 50-day moving average of $29.49 and a 200-day moving average of $25.14. The company has a market capitalization of $5.96 billion, a price-to-earnings ratio of 88.62 and a beta of 1.59. Rush Street Interactive has a 1 year low of $15.51 and a 1 year high of $34.53.

Rush Street Interactive (NYSE:RSI) last announced its earnings results on Wednesday, July 29th. The company reported $0.15 EPS for the quarter, meeting the consensus estimate of $0.15. The business had revenue of $393.78 million for 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%.The firm’s revenue was up 46.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.11 earnings per share. As a group, sell-side analysts anticipate that Rush Street Interactive will post 0.49 EPS for the current year.

Insiders Place Their Bets

In other Rush Street Interactive news, CEO Richard Todd Schwartz sold 111,112 shares of Rush Street Interactive stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $28.02, for a total value of $3,113,358.24. Following the completion of the sale, the chief executive officer directly owned 421,258 shares in the company, valued at approximately $11,803,649.16. The trade was a 20.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Paul Wierbicki sold 10,000 shares of the business’s stock in a transaction that occurred 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 completion of the transaction, the insider directly owned 93,256 shares in the company, valued at approximately $2,808,870.72. This trade represents a 9.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 614,002 shares of company stock worth $17,350,367 in the last quarter. 52.89% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Rush Street Interactive

Several institutional investors have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake 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 worth $484,000 after buying an additional 1,893 shares during the period. Goldman Sachs Group Inc. lifted its stake in Rush Street Interactive by 18.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 689,701 shares of the company’s stock valued at $7,394,000 after acquiring an additional 109,366 shares in the last quarter. Prudential Financial Inc. purchased a new position in Rush Street Interactive during the second quarter worth about $166,000. Invesco Ltd. boosted its stake in shares of Rush Street Interactive by 377.1% in the 2nd quarter. Invesco Ltd. now owns 272,693 shares of the company’s stock worth $4,063,000 after buying an additional 215,538 shares during the last quarter. Finally, First Trust Advisors LP bought a new position in shares of Rush Street Interactive in the second quarter valued at approximately $3,766,000. Institutional investors and hedge funds own 24.78% of the company’s stock.

About Rush Street Interactive

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.