Rush Street Interactive (NYSE:RSI) Stock Price Up 7.4% – Here’s What Happened

Posted by George Bondi on Oct 7th, 2026

Rush Street Interactive, Inc. (NYSE:RSI – Get Free Report) shares were up 7.4% on Monday. The stock traded as high as $21.35 and last traded at $21.4940. Approximately 436,593 shares changed hands during trading, a decline of 82% from the average daily volume of 2,456,746 shares. The stock had previously closed at $20.01.

Key Stories Impacting Rush Street Interactive

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

Positive Sentiment: RSI shares recently gained 4.9% in one session, reflecting continued investor interest in the online gaming and sports-betting operator. Analysts remain broadly constructive, with a “Moderate Buy” consensus rating and an average price target of $35.10. RSI stock rally and valuation analysis
Neutral Sentiment: Recent executive sales were made through pre-arranged trading plans, which may reflect scheduled diversification rather than a fresh negative view of RSI’s business prospects. The company’s latest reported quarter also showed strong fundamentals, including 46.3% year-over-year revenue growth and revenue above analyst expectations.
Negative Sentiment: CEO Richard Schwartz sold a combined 158,332 shares for approximately $3.15 million, materially reducing his direct holdings. Large insider selling can weigh on sentiment, particularly when it involves the chief executive. SEC filing for CEO stock sales
Negative Sentiment: CFO Kyle Sauers sold 23,000 shares for approximately $467,130, reducing his position by 3.79%. COO Mattias Stetz separately sold 20,000 shares for approximately $397,400, cutting his direct ownership by 12.67%. The cluster of sales from top executives creates additional short-term supply and selling pressure. RSI insider selling report
Negative Sentiment: GuruFocus characterized RSI as overvalued despite a strong score, suggesting investors may be questioning whether the recent rally is supported by sufficient earnings growth. RSI also trades well below its 50-day and 200-day moving averages, highlighting ongoing technical weakness. GuruFocus RSI valuation report

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. New Street Research set a $35.00 target price on Rush Street Interactive in a research report on Thursday, July 23rd. Weiss Ratings lowered Rush Street Interactive from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, September 28th. Wells Fargo & Company lifted their price target on Rush Street Interactive from $35.00 to $36.00 and gave the stock an “overweight” rating in a research note on Thursday, July 30th. Citigroup restated a “market outperform” rating on shares of Rush Street Interactive in a report on Tuesday, September 22nd. Finally, Stifel Nicolaus initiated coverage on shares of Rush Street Interactive in a research note on Monday, September 21st. They set a “buy” rating and a $34.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $35.10.

Check Out Our Latest Report on Rush Street Interactive

Rush Street Interactive Trading Down 1.9%

The firm’s 50-day simple moving average is $24.69 and its two-hundred day simple moving average is $26.28. The stock has a market capitalization of $4.77 billion, a PE ratio of 71.01 and a beta of 1.71.

Rush Street Interactive (NYSE:RSI – Get Free Report) last released its earnings results on Wednesday, July 29th. The company reported $0.15 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.15. Rush Street Interactive had a return on equity of 18.88% and a net margin of 2.33%.The company had revenue of $393.78 million during the quarter, compared to analyst estimates of $367.75 million. During the same quarter in the prior year, the company earned $0.11 earnings per share. The company’s revenue for the quarter was up 46.3% on a year-over-year basis. As a group, research analysts expect that Rush Street Interactive, Inc. will post 0.49 earnings per share for the current year.

Insiders Place Their Bets

In other Rush Street Interactive news, Director Jack A. Markell bought 1,500 shares of the company’s stock in a transaction dated Friday, September 25th. The shares were bought at an average price of $19.35 per share, for a total transaction of $29,025.00. Following the acquisition, the director directly owned 18,883 shares of the company’s stock, valued at approximately $365,386.05. This trade represents a 8.63% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Kyle Sauers sold 23,000 shares of the stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $20.31, for a total transaction of $467,130.00. Following the completion of the sale, the chief financial officer directly owned 583,526 shares of the company’s stock, valued at $11,851,413.06. This trade represents a 3.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 603,998 shares of company stock valued at $14,814,268. 52.89% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in Rush Street Interactive in the 2nd quarter worth approximately $448,435,000. Arrowstreet Capital Limited Partnership increased its stake in shares of Rush Street Interactive by 84.7% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,764,173 shares of the company’s stock worth $60,121,000 after acquiring an additional 1,267,622 shares during the last quarter. Renaissance Technologies LLC boosted its position in Rush Street Interactive by 15.9% during the first quarter. Renaissance Technologies LLC now owns 2,285,000 shares of the company’s stock valued at $49,699,000 after purchasing an additional 312,700 shares during the last quarter. William Blair Investment Management LLC acquired a new stake in shares of Rush Street Interactive in the second quarter worth about $48,647,000. Finally, Bank of America Corp DE acquired a new stake in shares of Rush Street Interactive in the second quarter worth about $34,015,000. 24.78% of the stock is owned by hedge funds and other institutional investors.

Rush Street Interactive Company Profile

(Get Free Report)

Rush Street Interactive, Inc is an online gaming and sports betting company that operates regulated internet casino and sportsbook platforms. Its consumer-facing brands include BetRivers and PlaySugarHouse, which offer online casino games, sports wagering, and related digital gaming services where permitted by local regulations.

The company serves customers in multiple regulated markets across the United States and Latin America. Its operations have included online sports betting and casino gaming in U.S.