Rush Street Interactive (NYSE:RSI) Upgraded at Wall Street Zen

Posted by Francis Steltz on Sep 16th, 2026

Wall Street Zen upgraded shares of Rush Street Interactive (NYSE:RSI – Free Report) from a hold rating to a buy rating in a report issued on Sunday,Wall Street Zen reports.

A number of other research firms have also recently issued reports on RSI. Weiss Ratings cut Rush Street Interactive from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, September 1st. Benchmark increased their target price on Rush Street Interactive from $30.00 to $35.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Wells Fargo & Company lifted their target price on Rush Street Interactive from $35.00 to $36.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Citigroup reissued a “market outperform” rating on shares of Rush Street Interactive in a research note on Thursday, July 30th. Finally, Needham & Company LLC upped their price target on shares of Rush Street Interactive from $33.00 to $36.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $35.22.

Read Our Latest Analysis on RSI

Rush Street Interactive Stock Down 1.3%

NYSE RSI opened at $25.87 on Friday. The company has a fifty day moving average of $28.11 and a two-hundred day moving average of $26.20. The firm has a market capitalization of $6.00 billion, a price-to-earnings ratio of 89.20 and a beta of 1.51. Rush Street Interactive has a 52 week low of $15.51 and a 52 week high of $34.53.

Rush Street Interactive (NYSE:RSI – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The company reported $0.15 EPS for the quarter, meeting the consensus estimate of $0.15. The company had revenue of $393.78 million for the quarter, compared to the consensus estimate of $367.75 million. Rush Street Interactive had a net margin of 2.33% and a return on equity of 18.88%. The firm’s revenue was up 46.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.11 EPS. Equities research analysts anticipate that Rush Street Interactive will post 0.49 EPS for the current year.

Insider Buying and Selling

In other Rush Street Interactive news, COO Mattias Stetz sold 20,000 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $31.22, for a total value of $624,400.00. Following the completion of the sale, the chief operating officer directly owned 197,874 shares in the company, valued at approximately $6,177,626.28. This represents a 9.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Richard Schwartz sold 111,112 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $28.02, for a total value of $3,113,358.24. Following the transaction, the chief executive officer directly owned 421,258 shares in the company, valued at $11,803,649.16. The trade was a 20.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 614,000 shares of company stock valued at $17,394,492 over the last quarter. 52.89% of the stock is owned by corporate insiders.

Institutional Trading of Rush Street Interactive

Several institutional investors and hedge funds have recently made changes to their positions in RSI. Global Retirement Partners LLC bought a new position in shares of Rush Street Interactive in the 2nd quarter worth $35,000. CoreCap Advisors LLC bought a new stake in Rush Street Interactive during the second quarter valued at about $54,000. Allworth Financial LP bought a new stake in Rush Street Interactive during the second quarter valued at about $57,000. Integrated Wealth Concepts LLC purchased a new position in Rush Street Interactive in the second quarter valued at about $70,000. Finally, Quantbot Technologies LP purchased a new position in Rush Street Interactive in the second quarter valued at about $98,000. 24.78% of the stock is currently owned by institutional investors.

Rush Street Interactive Company Profile

(Get Free Report)

Rush Street Interactive, Inc (NYSE: RSI) is an online gaming and sports betting company that operates digital casino, sportsbook and related gaming platforms. Its consumer-facing brands include BetRivers and PlaySugarHouse, which offer mobile and online wagering products such as sports betting, internet casino games and, in certain markets, online poker.

The company operates primarily in regulated markets across the United States and Canada, as well as select Latin American jurisdictions.