Rush Street Interactive, Inc. (NYSE:RSI) Receives $35.22 Consensus Target Price from Brokerages

Rush Street Interactive, Inc. (NYSE:RSI) has been given an average recommendation of “Moderate Buy” by the thirteen analysts that are presently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $35.2222.

A number of research firms have issued reports on RSI. Jefferies Financial Group reiterated a “buy” rating and issued a $39.00 target price on shares of Rush Street Interactive in a research note on Thursday, July 30th. Weiss Ratings lowered shares of Rush Street Interactive from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, August 18th. Wall Street Zen cut shares of Rush Street Interactive from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 16th. Citigroup reiterated a “market outperform” rating on shares of Rush Street Interactive in a research report on Thursday, July 30th. Finally, Wells Fargo & Company boosted their target price on shares of Rush Street Interactive from $35.00 to $36.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th.

Insider Transactions at Rush Street Interactive

In related news, CFO Kyle Sauers sold 23,000 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $25.44, for a total value of $585,120.00. Following the completion of the transaction, the chief financial officer directly owned 631,258 shares of the company’s stock, valued at $16,059,203.52. This represents a 3.52% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Mattias Stetz sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $31.22, for a total value of $624,400.00. Following the completion of the sale, the chief operating officer owned 197,874 shares in the company, valued at approximately $6,177,626.28. This represents a 9.18% decrease in their ownership of the stock. 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. Over the last three months, insiders sold 614,002 shares of company stock worth $17,350,367. Company insiders own 52.89% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Global Retirement Partners LLC acquired a new stake in Rush Street Interactive in the second quarter worth about $35,000. Kemnay Advisory Services Inc. acquired a new position in Rush Street Interactive during the 4th quarter valued at about $47,000. CoreCap Advisors LLC acquired a new position in Rush Street Interactive during the 2nd quarter valued at about $54,000. Empowered Funds LLC bought a new stake in shares of Rush Street Interactive during the 4th quarter worth about $55,000. Finally, Allworth Financial LP acquired a new stake in shares of Rush Street Interactive in the 2nd quarter worth approximately $57,000. 24.78% of the stock is owned by institutional investors and hedge funds.

Rush Street Interactive Trading Up 0.8%

NYSE:RSI opened at $26.40 on Monday. The firm has a market capitalization of $6.12 billion, a PE ratio of 91.04 and a beta of 1.59. The stock has a 50 day moving average of $29.21 and a 200-day moving average of $25.40. Rush Street Interactive has a 52 week low of $15.51 and a 52 week high of $34.53.

Rush Street Interactive (NYSE:RSI) last announced its quarterly earnings results on Wednesday, July 29th. The company reported $0.15 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.15. Rush Street Interactive had a return on equity of 18.88% and a net margin of 2.33%.The business had revenue of $393.78 million for the quarter, compared to the consensus estimate of $367.75 million. During the same quarter last year, the business posted $0.11 EPS. The business’s revenue was up 46.3% on a year-over-year basis. As a group, analysts predict that Rush Street Interactive will post 0.49 EPS for the current fiscal year.

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.