Citizens Jmp Issues Positive Forecast for Rush Street Interactive (NYSE:RSI) Stock Price

Rush Street Interactive (NYSE:RSI) had its price objective lifted by Citizens Jmp from $24.00 to $25.00 in a report released on Wednesday morning,Benzinga reports. They currently have a market outperform rating on the stock.

Several other analysts have also commented on the stock. Susquehanna set a $22.00 price objective on shares of Rush Street Interactive in a research report on Wednesday, January 21st. Craig Hallum reiterated a “buy” rating on shares of Rush Street Interactive in a research note on Tuesday, December 9th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Rush Street Interactive in a research note on Monday, December 29th. Zacks Research downgraded shares of Rush Street Interactive from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Finally, Citigroup upgraded shares of Rush Street Interactive to an “outperform” rating in a research note on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Rush Street Interactive presently has an average rating of “Moderate Buy” and a consensus target price of $23.33.

Rush Street Interactive Stock Performance

Shares of RSI stock opened at $22.19 on Wednesday. The firm has a market cap of $5.16 billion, a price-to-earnings ratio of 79.24 and a beta of 1.45. Rush Street Interactive has a 52 week low of $10.54 and a 52 week high of $23.15. The firm’s 50-day simple moving average is $19.68 and its two-hundred day simple moving average is $19.08.

Rush Street Interactive (NYSE:RSI) last announced its quarterly earnings data on Tuesday, February 17th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.02). The company had revenue of $324.89 million during the quarter, compared to the consensus estimate of $305.08 million. Rush Street Interactive had a return on equity of 17.95% and a net margin of 2.94%.The business’s revenue was up 27.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.07 EPS. Analysts forecast that Rush Street Interactive will post 0.04 earnings per share for the current year.

Insider Activity at Rush Street Interactive

In related news, COO Mattias Stetz sold 29,725 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $20.07, for a total transaction of $596,580.75. Following the completion of the transaction, the chief operating officer owned 8,495 shares of the company’s stock, valued at approximately $170,494.65. The trade was a 77.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Richard Todd Schwartz sold 247,114 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $16.82, for a total transaction of $4,156,457.48. Following the transaction, the chief executive officer directly owned 701,934 shares of the company’s stock, valued at approximately $11,806,529.88. This represents a 26.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 1,286,158 shares of company stock valued at $24,519,548. Corporate insiders own 56.94% of the company’s stock.

Hedge Funds Weigh In On Rush Street Interactive

Several hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in Rush Street Interactive by 2.6% during the fourth quarter. Vanguard Group Inc. now owns 9,050,062 shares of the company’s stock valued at $175,843,000 after acquiring an additional 227,783 shares in the last quarter. Alliancebernstein L.P. grew its stake in Rush Street Interactive by 1.3% in the 2nd quarter. Alliancebernstein L.P. now owns 6,214,230 shares of the company’s stock worth $92,592,000 after buying an additional 80,471 shares in the last quarter. Ameriprise Financial Inc. increased 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 worth $57,815,000 after buying an additional 2,496,109 shares during the last quarter. William Blair Investment Management LLC raised its position in shares of Rush Street Interactive by 17.3% during the 4th quarter. William Blair Investment Management LLC now owns 2,557,778 shares of the company’s stock valued at $49,698,000 after buying an additional 378,002 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. raised its position in shares of Rush Street Interactive by 8.3% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 2,517,402 shares of the company’s stock valued at $48,913,000 after buying an additional 193,110 shares in the last quarter. Hedge funds and other institutional investors 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.