Rush Street Interactive
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 Q4 regulatory filings by fund managers ($100M+ AUM)
990% more call options, than puts
Call options by funds: $11.8M | Put options by funds: $1.08M
100% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 24
51% more capital invested
Capital invested by funds: $701M [Q3] → $1.05B (+$354M) [Q4]
30% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 60
11% more funds holding
Funds holding: 185 [Q3] → 205 (+20) [Q4]
9.05% more ownership
Funds ownership: 77.69% [Q3] → 86.75% (+9.05%) [Q4]
17% less funds holding in top 10
Funds holding in top 10: 6 [Q3] → 5 (-1) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Needham Bernie McTernan 85% 1-year accuracy 115 / 136 met price target | 24%upside $17 | Buy Maintained | 17 Jan 2025 |
Jefferies David Katz 61% 1-year accuracy 14 / 23 met price target | 24%upside $17 | Buy Maintained | 15 Jan 2025 |
Financial journalist opinion
Based on 5 articles about RSI published over the past 30 days
