Rush Street Interactive (NYSE:RSI) Upgraded to “Strong-Buy” at Wall Street Zen

Wall Street Zen upgraded shares of Rush Street Interactive (NYSE:RSI) from a buy rating to a strong-buy rating in a research report report published on Saturday.

Other equities research analysts have also issued research reports about the company. Susquehanna lifted their price objective on Rush Street Interactive from $25.00 to $29.00 and gave the company a “positive” rating in a research note on Wednesday. Citizens Jmp lifted their price objective on Rush Street Interactive from $24.00 to $25.00 and gave the company a “market outperform” rating in a research note on Wednesday, April 8th. Wells Fargo & Company lifted their price objective on Rush Street Interactive from $26.00 to $29.00 and gave the company an “overweight” rating in a research note on Wednesday. Needham & Company LLC lifted their price objective on Rush Street Interactive from $25.00 to $33.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Jefferies Financial Group lifted their price objective on Rush Street Interactive from $30.00 to $32.00 and gave the company a “buy” rating in a research note on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $28.63.

Rush Street Interactive Stock Performance

NYSE:RSI opened at $28.35 on Friday. The firm has a market capitalization of $6.59 billion, a price-to-earnings ratio of 91.44 and a beta of 1.65. Rush Street Interactive has a 52-week low of $11.23 and a 52-week high of $29.00. The stock has a fifty day moving average of $21.67 and a 200 day moving average of $19.46.

Rush Street Interactive (NYSE:RSI) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.02. The company had revenue of $370.36 million during the quarter, compared to analyst estimates of $330.83 million. Rush Street Interactive had a return on equity of 17.21% and a net margin of 2.98%.The firm’s quarterly revenue was up 41.1% on a year-over-year basis. During the same quarter last year, the company earned $0.09 earnings per share. Equities analysts forecast that Rush Street Interactive will post 0.47 earnings per share for the current fiscal year.

Insider Activity at Rush Street Interactive

In other news, COO Mattias Stetz sold 50,000 shares of the stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $27.44, for a total value of $1,372,000.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Judith Gold sold 50,000 shares of the stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $27.58, for a total transaction of $1,379,000.00. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,582,923 shares of company stock worth $33,513,383 over the last quarter. 56.94% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Rush Street Interactive

A number of institutional investors have recently made changes to their positions in the stock. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Rush Street Interactive during the 3rd quarter valued at $4,232,000. Vanguard Group Inc. grew its holdings in shares of Rush Street Interactive by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 8,822,279 shares of the company’s stock valued at $180,680,000 after purchasing an additional 107,671 shares during the last quarter. Emerald Advisers LLC grew its holdings in shares of Rush Street Interactive by 12.6% during the 3rd quarter. Emerald Advisers LLC now owns 1,341,739 shares of the company’s stock valued at $27,479,000 after purchasing an additional 149,918 shares during the last quarter. Emerald Mutual Fund Advisers Trust grew its holdings in shares of Rush Street Interactive by 11.0% during the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 825,244 shares of the company’s stock valued at $16,901,000 after purchasing an additional 82,055 shares during the last quarter. Finally, Quantbot Technologies LP bought a new position in shares of Rush Street Interactive during the 3rd quarter valued at $1,012,000. Institutional investors own 24.78% of the company’s stock.

More Rush Street Interactive News

Here are the key news stories impacting Rush Street Interactive this week:

• Positive Sentiment: Q1 beat and operating momentum — RSI reported $0.14 EPS (vs. $0.12 est.) and revenue of ~$370M (well above consensus), with record net income and adjusted EBITDA cited on the call; the results underpin the recent rally. Rush Street rallies to an all-time high after strong earnings
• Positive Sentiment: Raise to full‑year outlook — management raised 2026 revenue and adjusted EBITDA guidance and provided a $1.49B–$1.54B revenue range for 2026 while flagging product/market expansion (Alberta launch), giving clearer growth visibility. Rush Street Interactive forecasts 2026 revenue
• Positive Sentiment: Analyst response and investor confidence — sell‑side firms raised price targets and issued upgrades after the quarter, supporting momentum and helping drive higher forward expectations. Earnings call highlights & analyst reaction
• Neutral Sentiment: Insider sales under 10b5‑1 plans — multiple insiders (COO Mattias Stetz, Director Judith Gold, and Paul Wierbicki) sold blocks April 27–29; filings show the trades were executed via pre‑arranged plans, which reduces the informational signal but does lower insider ownership. Paul Wierbicki sells 45,000 shares Mattias Stetz sells 50,000 shares
• Neutral Sentiment: New regulatory risk disclosure flagged — a TipRanks note highlights an added Regulation‑category risk; investors should read the disclosure but it appears to be a filing/clarification rather than new operational news. Risk disclosure note

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.