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

Rush Street Interactive, Inc. (NYSE:RSI) has been given an average rating of “Moderate Buy” by the thirteen ratings firms that are presently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation, nine have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $29.6250.

Several analysts have commented on RSI shares. JPMorgan Chase & Co. upped their price objective on Rush Street Interactive from $20.00 to $21.00 and gave the company a “neutral” rating in a research note on Thursday, April 16th. Citizens Jmp boosted their price objective on shares of Rush Street Interactive from $30.00 to $33.00 and gave the stock a “market outperform” rating in a report on Wednesday. Jefferies Financial Group upped their target price on Rush Street Interactive from $30.00 to $32.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Needham & Company LLC raised their price objective on shares of Rush Street Interactive from $25.00 to $33.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Finally, Susquehanna boosted their price objective on shares of Rush Street Interactive from $25.00 to $29.00 and gave the company a “positive” rating in a research report on Wednesday, April 29th.

Rush Street Interactive Stock Performance

Shares of RSI stock opened at $32.70 on Friday. The firm has a market cap of $7.61 billion, a price-to-earnings ratio of 105.50 and a beta of 1.56. Rush Street Interactive has a 1 year low of $14.38 and a 1 year high of $33.42. The stock’s 50-day moving average is $28.56 and its two-hundred day moving average is $22.96.

Rush Street Interactive (NYSE:RSI) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.02. Rush Street Interactive had a return on equity of 17.21% and a net margin of 2.98%.The business had revenue of $370.36 million during the quarter, compared to the consensus estimate of $330.82 million. During the same period in the prior year, the company earned $0.09 earnings per share. The company’s revenue was up 41.1% compared to the same quarter last year. As a group, research analysts predict that Rush Street Interactive will post 0.47 EPS for the current year.

Insider Activity at Rush Street Interactive

In related news, Chairman Neil Bluhm sold 1,371,150 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $24.96, for a total value of $34,223,904.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Richard Todd Schwartz sold 710,000 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $24.96, for a total value of $17,721,600.00. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 3,162,379 shares of company stock valued at $81,133,020. Insiders own 52.89% of the company’s stock.

Institutional Trading of Rush Street Interactive

Institutional investors and hedge funds have recently bought and sold shares of the business. Ameriprise Financial Inc. raised its position in Rush Street Interactive by 763.6% in the third quarter. Ameriprise Financial Inc. now owns 2,822,991 shares of the company’s stock valued at $57,815,000 after purchasing an additional 2,496,109 shares during the period. Arrowstreet Capital Limited Partnership lifted its position in shares of Rush Street Interactive by 84.7% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,764,173 shares of the company’s stock worth $60,121,000 after purchasing an additional 1,267,622 shares during the last quarter. Cooper Creek Partners Management LLC bought a new position in Rush Street Interactive during the 1st quarter worth approximately $24,874,000. Two Sigma Investments LP boosted its holdings in Rush Street Interactive by 247.3% in the third quarter. Two Sigma Investments LP now owns 1,329,550 shares of the company’s stock worth $27,229,000 after purchasing an additional 946,673 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in shares of Rush Street Interactive by 76.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,341,472 shares of the company’s stock valued at $26,065,000 after buying an additional 580,568 shares during the period. Institutional investors and hedge funds own 24.78% of the company’s stock.

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.