Rush Street Interactive (NYSE:RSI) Price Target Raised to $34.00 at Citizens Jmp

Rush Street Interactive (NYSE:RSI) had its price target boosted by equities researchers at Citizens Jmp from $33.00 to $34.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “market outperform” rating on the stock. Citizens Jmp’s price objective suggests a potential upside of 24.79% from the stock’s current price.

RSI has been the topic of several other research reports. New Street Research set a $35.00 price objective on Rush Street Interactive in a report on Thursday, July 23rd. JPMorgan Chase & Co. upped their target price on Rush Street Interactive from $26.00 to $30.00 and gave the stock a “neutral” rating in a report on Wednesday, July 15th. Oppenheimer increased their target price on Rush Street Interactive from $30.00 to $36.00 and gave the company an “outperform” rating in a research report on Friday, July 24th. Susquehanna lifted their price target on Rush Street Interactive from $30.00 to $36.00 and gave the company a “positive” rating in a research note on Wednesday. Finally, Jefferies Financial Group reissued a “buy” rating and set a $39.00 price target on shares of Rush Street Interactive in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Rush Street Interactive currently has a consensus rating of “Moderate Buy” and a consensus target price of $35.22.

Rush Street Interactive Price Performance

RSI stock traded down $3.52 during trading on Thursday, reaching $27.25. 833,260 shares of the company were exchanged, compared to its average volume of 2,249,054. The company has a market capitalization of $6.34 billion, a price-to-earnings ratio of 88.10 and a beta of 1.56. The company has a 50-day moving average of $29.89 and a two-hundred day moving average of $24.25. Rush Street Interactive has a twelve month low of $15.51 and a twelve month high of $34.53.

Rush Street Interactive (NYSE:RSI) last issued its earnings results on Wednesday, July 29th. The company reported $0.15 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.15. The firm had revenue of $393.78 million for the quarter, compared to analyst estimates of $367.75 million. Rush Street Interactive had a net margin of 2.98% and a return on equity of 17.21%. The company’s quarterly revenue was up 46.3% on a year-over-year basis. During the same quarter last year, the business posted $0.11 earnings per share. On average, analysts forecast that Rush Street Interactive will post 0.5 EPS for the current year.

Insider Transactions at Rush Street Interactive

In related news, CEO Richard Todd Schwartz sold 710,000 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $24.96, for a total value of $17,721,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Mattias Stetz sold 74,500 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $24.96, for a total value of $1,859,520.00. Following the transaction, the chief operating officer directly owned 237,874 shares of the company’s stock, valued at approximately $5,937,335.04. This represents a 23.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 2,887,328 shares of company stock worth $74,151,223. Company insiders own 52.89% of the company’s stock.

Institutional Investors Weigh In On Rush Street Interactive

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Ameriprise Financial Inc. raised its position in shares of Rush Street Interactive by 763.6% during the third quarter. Ameriprise Financial Inc. now owns 2,822,991 shares of the company’s stock worth $57,815,000 after acquiring an additional 2,496,109 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in Rush Street Interactive by 84.7% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,764,173 shares of the company’s stock valued at $60,121,000 after acquiring an additional 1,267,622 shares during the last quarter. Cooper Creek Partners Management LLC acquired a new stake in Rush Street Interactive during the 1st quarter valued at approximately $24,874,000. Two Sigma Investments LP increased its position in Rush Street Interactive by 247.3% during the 3rd quarter. Two Sigma Investments LP now owns 1,329,550 shares of the company’s stock valued at $27,229,000 after purchasing an additional 946,673 shares during the period. Finally, Goldman Sachs Group Inc. raised its holdings in Rush Street Interactive by 76.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,341,472 shares of the company’s stock worth $26,065,000 after purchasing an additional 580,568 shares during the last quarter. Institutional investors and hedge funds own 24.78% of the company’s stock.

Key Headlines Impacting Rush Street Interactive

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

• Positive Sentiment: RSI reported record second-quarter revenue of $393.8 million, up 46% year over year, while net income reached $29.3 million and adjusted EBITDA climbed 61% to $64.6 million. North American online-casino monthly active users increased 64%. Rush Street Interactive Announces Second Quarter 2026 Results and Raises Full Year Guidance
• Positive Sentiment: The company raised its full-year 2026 outlook, projecting revenue of approximately $1.56 billion to $1.60 billion, above the roughly $1.5 billion analyst consensus, as it ramps its Alberta launch. Rush Street Interactive Projects 2026 Revenue as It Ramps Alberta Launch
• Positive Sentiment: Wells Fargo raised its price target for RSI from $35 to $36 and reaffirmed an “overweight” rating, indicating confidence in the company’s growth prospects. Benzinga
• Neutral Sentiment: Second-quarter adjusted earnings of $0.15 per share matched estimates, though earnings growth from $0.11 per share a year earlier was less decisive than the revenue and EBITDA performance. RSI Q2 Earnings Match Estimates
• Negative Sentiment: At a price-to-earnings ratio near 90, RSI remains priced for substantial execution. A valuation-focused analysis cited potential downside, which may be contributing to selling pressure despite the upbeat guidance. Earnings Watch: RSI Q2 2026

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.