Rush Street Interactive, Inc. (NYSE:RSI) Receives Consensus Rating of “Moderate Buy” from Brokerages

Rush Street Interactive, Inc. (NYSE:RSI) has been assigned a consensus rating of “Moderate Buy” from the eleven ratings firms that are presently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $21.3750.

Several analysts have issued reports on the company. Wall Street Zen raised Rush Street Interactive from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 7th. Jefferies Financial Group reiterated a “buy” rating and issued a $29.00 target price on shares of Rush Street Interactive in a research note on Sunday, January 25th. Craig Hallum reiterated a “buy” rating on shares of Rush Street Interactive in a report on Tuesday, December 9th. JPMorgan Chase & Co. raised their price target on shares of Rush Street Interactive from $16.00 to $18.00 and gave the company a “neutral” rating in a report on Thursday, October 16th. Finally, Needham & Company LLC boosted their price objective on shares of Rush Street Interactive from $21.00 to $23.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th.

Insiders Place Their Bets

In other news, CFO Kyle Sauers sold 160,067 shares of the firm’s stock in a transaction 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 completion of the sale, the chief financial officer owned 663,306 shares of the company’s stock, valued at $12,649,245.42. This trade represents a 19.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Mattias Stetz sold 90,000 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $19.09, for a total value of $1,718,100.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,113,326 shares of company stock valued at $20,434,126. 56.94% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Rush Street Interactive

A number of large investors have recently modified their holdings of RSI. Concord Wealth Partners acquired a new position in shares of Rush Street Interactive during the third quarter valued at about $41,000. Osaic Holdings Inc. increased its stake in Rush Street Interactive by 62.2% during 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 in the last quarter. Lazard Asset Management LLC purchased a new position in shares of Rush Street Interactive in the second quarter worth $90,000. Pacer Advisors Inc. lifted its stake in shares of Rush Street Interactive by 57.2% during the third quarter. Pacer Advisors Inc. now owns 5,027 shares of the company’s stock worth $103,000 after buying an additional 1,830 shares during the period. Finally, State of Alaska Department of Revenue acquired a new stake in shares of Rush Street Interactive during the third quarter worth $105,000. Hedge funds and other institutional investors own 24.78% of the company’s stock.

Rush Street Interactive Stock Performance

NYSE RSI opened at $17.48 on Thursday. The company has a market cap of $4.01 billion, a PE ratio of 69.92 and a beta of 1.54. The firm’s 50 day moving average price is $18.76 and its 200-day moving average price is $18.98. Rush Street Interactive has a 52-week low of $9.54 and a 52-week high of $22.65.

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.