Rush Street Interactive, Inc. (NYSE:RSI) Receives $23.22 Average Target Price from Analysts

Shares of Rush Street Interactive, Inc. (NYSE:RSI) have been given an average rating of “Moderate Buy” by the fourteen ratings firms that are presently covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $23.2222.

A number of research analysts recently issued reports on RSI shares. Citizens Jmp upgraded shares of Rush Street Interactive from a “market perform” rating to an “outperform” rating and set a $24.00 price objective for the company in a report on Wednesday, February 18th. Zacks Research cut shares of Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Susquehanna set a $22.00 price target on shares of Rush Street Interactive in a research note on Wednesday, January 21st. Wells Fargo & Company initiated coverage on shares of Rush Street Interactive in a report on Thursday. They set an “overweight” rating and a $26.00 price target on the stock. Finally, Freedom Capital raised shares of Rush Street Interactive to a “strong-buy” rating in a research note on Wednesday, March 11th.

Insider Buying and Selling

In other Rush Street Interactive news, CFO Kyle Sauers sold 160,067 shares of Rush Street Interactive stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $19.07, for a total transaction of $3,052,477.69. Following the transaction, the chief financial officer directly owned 663,306 shares of the company’s stock, valued at approximately $12,649,245.42. The trade was a 19.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Richard Todd Schwartz sold 247,114 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $16.82, for a total value of $4,156,457.48. Following the completion of the sale, the chief executive officer owned 701,934 shares in the company, valued at $11,806,529.88. This trade represents a 26.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,407,743 shares of company stock valued at $26,371,042 in the last quarter. 56.89% of the stock is currently owned by company insiders.

Institutional Trading of Rush Street Interactive

Several institutional investors have recently added to or reduced their stakes in RSI. Concord Wealth Partners acquired a new stake in Rush Street Interactive during the 3rd quarter valued at approximately $41,000. Kemnay Advisory Services Inc. acquired a new position in shares of Rush Street Interactive in the 4th quarter worth approximately $47,000. Empowered Funds LLC bought a new stake in shares of Rush Street Interactive in the 4th quarter valued at $55,000. Osaic Holdings Inc. boosted its stake in shares of Rush Street Interactive by 62.2% in the 2nd quarter. Osaic Holdings Inc. now owns 4,872 shares of the company’s stock valued at $73,000 after purchasing an additional 1,868 shares during the last quarter. Finally, Lazard Asset Management LLC acquired a new stake in shares of Rush Street Interactive during the second quarter worth $90,000. 24.78% of the stock is currently owned by institutional investors.

Rush Street Interactive Stock Up 0.2%

Shares of RSI opened at $21.03 on Friday. Rush Street Interactive has a 12-month low of $9.66 and a 12-month high of $22.65. The business has a 50-day simple moving average of $19.01 and a two-hundred day simple moving average of $19.03. The stock has a market cap of $4.89 billion, a PE ratio of 75.09 and a beta of 1.54.

Rush Street Interactive (NYSE:RSI) last announced its quarterly earnings results on Tuesday, February 17th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The firm had revenue of $324.89 million for the quarter, compared to analyst estimates of $305.08 million. Rush Street Interactive had a net margin of 2.94% and a return on equity of 17.95%. The business’s revenue for the quarter was up 27.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.07 earnings per share. On average, equities research analysts expect that Rush Street Interactive will post 0.04 EPS for the current 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.