Rush Street Interactive (NYSE:RSI) Upgraded to Outperform at Citizens Jmp

Citizens Jmp upgraded shares of Rush Street Interactive (NYSE:RSI) from a market perform rating to an outperform rating in a research report sent to investors on Wednesday morning, MarketBeat Ratings reports. The brokerage currently has $24.00 target price on the stock.

Several other research analysts have also recently weighed in on RSI. Benchmark restated a “buy” rating on shares of Rush Street Interactive in a research note on Wednesday, January 14th. Weiss Ratings reissued a “hold (c-)” rating on shares of Rush Street Interactive in a research report on Monday, December 29th. Zacks Research downgraded shares of Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a report on Monday, December 29th. Needham & Company LLC boosted their price objective on shares of Rush Street Interactive from $21.00 to $23.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Finally, Susquehanna set a $22.00 target price on shares of Rush Street Interactive in a report on Wednesday, January 21st. Ten analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $22.00.

Rush Street Interactive Stock Performance

Shares of NYSE RSI opened at $18.16 on Wednesday. The company has a 50 day simple moving average of $18.44 and a two-hundred day simple moving average of $19.05. Rush Street Interactive has a fifty-two week low of $9.54 and a fifty-two week high of $22.65. The company has a market capitalization of $4.17 billion, a price-to-earnings ratio of 64.84 and a beta of 1.54.

Rush Street Interactive (NYSE:RSI) last posted its quarterly earnings data on Tuesday, February 17th. The company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.02). The company had revenue of $324.89 million for the quarter, compared to the consensus estimate of $305.08 million. Rush Street Interactive had a net margin of 2.94% and a return on equity of 19.12%. The firm’s quarterly revenue was up 27.8% on a year-over-year basis. During the same period last year, the business earned $0.07 EPS. On average, analysts forecast that Rush Street Interactive will post 0.04 earnings per share for the current fiscal year.

Insider Activity at Rush Street Interactive

In related news, CFO Kyle Sauers sold 160,067 shares of the business’s stock in a transaction that occurred on Thursday, January 8th. The stock was sold at an average price of $19.07, for a total value 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Richard Todd Schwartz sold 247,114 shares of the business’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $17.61, for a total value of $4,351,677.54. Following the completion of the sale, the chief executive officer owned 949,048 shares in the company, valued at $16,712,735.28. This represents a 20.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 919,421 shares of company stock worth $17,044,879. 56.94% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Ameriprise Financial Inc. raised its holdings in shares of Rush Street Interactive by 763.6% in the 3rd 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 in the last quarter. Marshall Wace LLP boosted its position in Rush Street Interactive by 100.9% during the 2nd quarter. Marshall Wace LLP now owns 2,372,671 shares of the company’s stock valued at $35,353,000 after acquiring an additional 1,191,546 shares in the last quarter. Two Sigma Investments LP increased its holdings in shares of Rush Street Interactive by 247.3% in the 3rd quarter. Two Sigma Investments LP now owns 1,329,550 shares of the company’s stock valued at $27,229,000 after acquiring an additional 946,673 shares during the period. 1060 Capital LLC purchased a new stake in shares of Rush Street Interactive during the 2nd quarter worth $11,222,000. Finally, Arrowstreet Capital Limited Partnership boosted its position in Rush Street Interactive by 47.3% during the third quarter. Arrowstreet Capital Limited Partnership now owns 2,127,031 shares of the company’s stock valued at $43,562,000 after purchasing an additional 683,486 shares in the last quarter. 24.78% of the stock is currently owned by hedge funds and other institutional investors.

Rush Street Interactive News Summary

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

• Positive Sentiment: Record revenue and strong guidance: RSI reported Q4 revenue of $324.9M (+28% YoY) and full‑year 2025 revenue of $1,134M (above the high end of prior guidance). Management initiated 2026 revenue guidance of $1,375–$1,425M and adjusted EBITDA guidance of $210–$230M — a material upward signal for growth and margins. Read More.
• Positive Sentiment: Ambitious 2026 growth target and “casino‑first” strategy: Management outlined a 21%–26% revenue growth target for 2026 and emphasized a casino‑first strategy expected to accelerate user expansion — supports continued top‑line momentum. Read More.
• Positive Sentiment: Analyst upgrade: Citizens Jmp raised RSI from market perform to outperform with a $24 price target (roughly ~32% upside vs. current levels), which can attract momentum buyers and institutional interest. Read More.
• Neutral Sentiment: Earnings materials and call details are available: The earnings slide deck and full call transcript were posted (useful for modeling and verifying management assumptions). Read More.
• Negative Sentiment: EPS miss: Reported EPS was $0.08 vs. consensus $0.10, a small miss that may temper short‑term sentiment despite the revenue beat. Read More.
• Negative Sentiment: Insider selling: Reports flagged the CEO’s largest-ever sale of RSI shares, which could raise governance or confidence questions for some investors even though the transaction’s context matters. Read More.

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.