Rush Street Interactive
RSI

$9.08

0.22%

Market Cap: $755M

About: Rush Street Interactive Inc is an online gaming and entertainment company that focuses primarily on online casinos and online sports betting in the U.S. and Latin American markets. It provides customers with an array of gaming offerings such as real-money online casinos, online sports betting, and retail sports betting, as well as social gaming, which involves free-to-play games that use virtual credits that can be earned or purchased. The company generates revenue by offering online casinos, online sports betting, and social gaming directly to the end customer through its websites or apps. The company generates revenue through business-to-consumer (B2C) and business-to-business (B2B) models.

Employees: 820

Consumer Discretionary Miscellaneous Amusement & Recreation

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 5 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

160% more call options, than puts

Call options by funds: $2.31M | Put options by funds: $886K

117% more first-time investments, than exits

New positions opened: 52 | Existing positions closed: 24

117% more repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 30

60% more capital invested

Capital invested by funds: $381M [Q1] → $609M (+$228M) [Q2]

21% more funds holding

Funds holding: 131 [Q1] → 159 (+28) [Q2]

3.24% more ownership

Funds ownership: 76.43% [Q1] → 79.67% (+3.24%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 4 [Q1] → 4 (+0) [Q2]

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Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$11

21%

upside

Avg. target

$13.20

45%

upside

High target

$14

54%

upside

5 analyst ratings

5 positive

100%

0 neutral

0%

0 negative

0%

Craig-Hallum Ryan Sigdahl 44% 1-year accuracy 7 / 16 met price target	54%upside $14	Buy Maintained	1 Aug 2024
Wells Fargo Daniel Politzer 39% 1-year accuracy 16 / 41 met price target	43%upside $13	Overweight Maintained	1 Aug 2024
Oppenheimer Jed Kelly 69% 1-year accuracy 22 / 32 met price target	54%upside $14	Outperform Maintained	1 Aug 2024
Needham Bernie McTernan 50% 1-year accuracy 59 / 117 met price target	54%upside $14	Buy Maintained	1 Aug 2024
Wells Fargo Daniel Politzer 39% 1-year accuracy 16 / 41 met price target	21%upside $11	Overweight Maintained	16 Jul 2024

See Analyst Rankings

Financial journalist opinion

RUSH STREET INTERACTIVE UNVEILS ENHANCED iRUSH REWARDS LOYALTY PROGRAM FOR BETRIVERS & PLAYSUGARHOUSE PLAYERS

CHICAGO , Aug. 26, 2024 /PRNewswire/ -- Rush Street Interactive, Inc. (NYSE: RSI) ("RSI"), a leading US-based betting and gaming company, which operates the BetRivers and PlaySugarHouse brands, is excited to announce its enhanced iRush Rewards Loyalty Program. With this revamped program, RSI's loyal players will find it easier to earn and redeem rewards, maintain their status and associated benefits longer, and gain access to an expanded selection of perks.

RUSH STREET INTERACTIVE UNVEILS ENHANCED iRUSH REWARDS LOYALTY PROGRAM FOR BETRIVERS & PLAYSUGARHOUSE PLAYERS

Rush Street Interactive, Inc. (RSI) Q2 2024 Earnings Call Transcript

Rush Street Interactive, Inc. (NYSE:RSI ) Q2 2024 Earnings Conference Call July 31, 2024 6:00 PM ET Company Participants Kyle Sauers - Chief Financial Officer Richard Schwartz - Chief Executive Officer Conference Call Participants Ryan Sigdahl - Craig-Hallum Capital Daniel Politzer - Wells Fargo Bernie McTernan - Needham David Katz - Jefferies Chad Beynon - Macquarie Jed Kelly - Oppenheimer Jordan Bender - Citizens JMP Mike Hickey - The Benchmark Company Operator Good day, ladies and gentlemen, thank you for standing by. Welcome to the Rush Street Interactive Second-Quarter 2024 Earnings Conference Call.

Rush Street Interactive, Inc. (RSI) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Rush Street Interactive, Inc. (RSI) Surpasses Q2 Earnings and Revenue Estimates

Rush Street Interactive, Inc. (RSI) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of a loss of $0.03 per share. This compares to loss of $0.04 per share a year ago.

Rush Street Interactive, Inc. (RSI) Surpasses Q2 Earnings and Revenue Estimates

Rush Street Interactive Announces Second Quarter 2024 Results and Raises Full Year Guidance

- Second Quarter Revenue of $220 Million, up 34% Year-over-Year - - Second Quarter Net Loss of $0.3 Million - - Operating Momentum Continues as Second Quarter Adjusted EBITDA exceeds $21 Million - - Raising Full Year 2024 Adjusted EBITDA Guidance 24% at the Midpoint with a Revised Range of Between $64 and $72 Million -

Rush Street Interactive Announces Second Quarter 2024 Results and Raises Full Year Guidance

Rush Street Interactive Expands Latin American Footprint With Launch of RushBet in Peru

Strategic Entry Will Strengthen Competitive Position as a Leading LatAm Online Gaming operator CHICAGO, July 29, 2024 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”), a leading online casino and sports betting company in the United States and the rest of the Americas, today announced the launch of its award-winning RushBet online casino and sportsbook in Peru. The launch marks the next milestone in the company's Latin American strategy extending its presence to a market of over 30 million people and further solidifying its position as a market leader in the region.

Rush Street Interactive Expands Latin American Footprint With Launch of RushBet in Peru

Rush Street Interactive Announces Second Quarter 2024 Earnings Release Date

CHICAGO, July 10, 2024 (GLOBE NEWSWIRE) -- Rush Street Interactive, Inc. (NYSE: RSI) (“RSI”) today announced that it will release its second quarter 2024 results after the market close on Wednesday, July 31, 2024, followed by a conference call at 6:00 pm Eastern Time (5:00 pm Central Time) to discuss the results.

Rush Street Interactive Announces Second Quarter 2024 Earnings Release Date

Rush Street Interactive: This Small-Cap Betting Stock Has Doubled And Still Has Room To Run

Online casino games are seen as a growth engine in the iGaming sector. Rush Street Interactive is a key player in the online betting space, with plans to expand in Latin America. Despite no deal being consummated, RSI's stock has doubled in a year, with potential for further growth and a possible acquisition.

Rush Street Interactive: This Small-Cap Betting Stock Has Doubled And Still Has Room To Run

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Zacks Investment Research

Rush Street Interactive, Inc. (RSI) Soars to 52-Week High, Time to Cash Out?

Rush Street Interactive (RSI) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Rush Street Interactive, Inc. (RSI) Soars to 52-Week High, Time to Cash Out?

Zacks Investment Research

Rush Street Interactive, Inc. (RSI) Hits Fresh High: Is There Still Room to Run?

Rush Street Interactive (RSI) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Rush Street Interactive, Inc. (RSI) Hits Fresh High: Is There Still Room to Run?

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