Rush Street InteractiveRSI
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
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]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
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 |