Rush Street Interactive (RSI) Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Rush Street Interactive in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" RSI shares.
View RSI analyst ratings or view top-rated stocks.

6 equities research analysts have issued 12 month price targets for Rush Street Interactive's shares. Their RSI share price forecasts range from $4.25 to $12.00. On average, they predict the company's stock price to reach $7.16 in the next year. This suggests a possible upside of 138.5% from the stock's current price.
View analysts price targets for RSI or view top-rated stocks among Wall Street analysts.

Rush Street Interactive's stock was trading at $3.59 at the start of the year. Since then, RSI shares have decreased by 16.4% and is now trading at $3.00.
View the best growth stocks for 2023 here.

Rush Street Interactive saw a increase in short interest in April. As of April 30th, there was short interest totaling 2,410,000 shares, an increase of 54.5% from the April 15th total of 1,560,000 shares. Based on an average daily trading volume, of 452,200 shares, the days-to-cover ratio is presently 5.3 days. Currently, 4.2% of the company's stock are sold short.
View Rush Street Interactive's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our RSI earnings forecast.

Rush Street Interactive, Inc. (NYSE:RSI) announced its earnings results on Wednesday, May, 3rd. The company reported ($0.20) EPS for the quarter, missing analysts' consensus estimates of ($0.14) by $0.06. The company earned $162.36 million during the quarter, compared to the consensus estimate of $156.93 million. Rush Street Interactive had a negative net margin of 5.03% and a negative trailing twelve-month return on equity of 23.64%.

ETFs with the largest weight of Rush Street Interactive (NYSE:RSI) stock in their portfolio include Roundhill Sports Betting & iGaming ETF (BETZ), Pacer BlueStar Digital Entertainment ETF (ODDS), Janus Henderson Small Cap Growth Alpha ETF (JSML),

Rush Street Interactive updated its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $630.00 million-$700.00 million, compared to the consensus revenue estimate of $662.74 million.

Rush Street Interactive trades on the New York Stock Exchange (NYSE) under the ticker symbol "RSI."

Rush Street Interactive's stock is owned by many different institutional and retail investors. Top institutional investors include Canyon Capital Advisors LLC (2.59%), Nomura Holdings Inc. (2.01%), BlackRock Inc. (1.65%), Federated Hermes Inc. (0.68%), Assenagon Asset Management S.A. (0.63%) and Geode Capital Management LLC (0.48%). Insiders that own company stock include Daniel W Yih, Gregory A Carlin, Harry L You, Johnson Huang, Kyle Sauers, Masi Niccolo De, Mattias Stetz, Neil Bluhm, Paul Wierbicki, Richard Todd Schwartz and Sheli Z Rosenberg.
View institutional ownership trends.

Shares of RSI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of RSI stock can currently be purchased for approximately $3.00.

Rush Street Interactive (NYSE:RSI) has a market capitalization of $663.21 million and generates $619.64 million in revenue each year. The company earns $-38,630,000.00 in net income (profit) each year or ($0.48) on an earnings per share basis.

The company employs 468 workers across the globe.

Rush Street Interactive's mailing address is 1180 NORTH TOWN CENTER DRIVE SUITE 100, LAS VEGAS NV, 89144. The official website for the company is www.dmytechnology.com. The company can be reached via phone at 773-893-5855 or via email at ir@rushstreetinteractive.com.