Streetbeat News

RSI

Rush Street Interactive, Inc.

https://www.rushstreetinteractive.com

Industry

Gambling, Resorts & Casinos

Rush Street Interactive, Inc. operates as an online casino and sports betting company in the United States and Latin America. It provides real-money online casino, online and retail sports betting, and social gaming services. In addition, the company offers full suite of games comprising of bricks-and-mortar casinos, table games, and slot machines. The company markets its online casino and sports betting under BetRivers.com, PlaySugarHouse.com, and RushBet.co brands. Rush Street Interactive, Inc. was founded in 2012 and is headquartered in Chicago, Illinois.

Open

9.94

Mkt cap

2.4B

Volume

2.2M

High

10.81

P/E Ratio

356.67

52-wk high

16.78

Low

9.94

Div yield

N/A

52-wk low

5.71

Rush Street Interactive (NYSE:RSI) has received 4 analyst ratings in the last quarter, with 1 being bullish and 3 somewhat bullish. The company has an average 12-month price target of $6.25, which has increased by 31.58% over the past month.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 6:00 pm

JMP Securities analyst Jordan Bender has reiterated a Market Outperform rating on Rush Street Interactive (NYSE:RSI) and maintained a $7 price target.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 11:56 am

Rush Street Interactive (RSI) has been selected by the Delaware Lottery as its vendor for online gaming operations. This partnership will allow RSI to expand its operations and reach a wider audience.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 12:32 pm

Zacks Under $10 Newsletter has mentioned Rush Street Interactive (RSI) in its latest edition. The specific details of the mention are not provided.

Portfolio Pulse from Happy Mohamed

August 15, 2023 | 2:05 pm

Rush Street Interactive Inc (RSI) reported a Q2 revenue growth of 15% to $165.1 million and adjusted net loss per share of $(0.04), both above Street view. Needham analyst Bernie McTernan reiterated a Buy rating on RSI with a price target of $6. The company's revenue in Colombia grew 30% Y/Y and 50% constant currency, and it is seeing a rapid ramp-up in Mexico. The analyst believes there are additional potential growth opportunities for the company in Latam.

Portfolio Pulse from Shivani Kumaresan

August 04, 2023 | 2:11 pm

Rush Street Interactive's shares are trading higher following the release of strong Q2 earnings.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:03 pm

Numerous stocks experienced significant price changes in Thursday's mid-day session. Companies that posted strong quarterly results, such as Traeger, Inc. (COOK), Upwork Inc. (UPWK), and The Clorox Company (CLX), saw their shares rise. Conversely, companies that reported worse-than-expected results or issued below-consensus outlooks, such as DXC Technology Company (DXC), Expedia Group, Inc. (EXPE), and Cummins Inc. (CMI), saw their shares fall.

Portfolio Pulse from Lisa Levin

August 04, 2023 | 1:56 pm

Over the past 3 months, 5 analysts have published their opinion on Rush Street Interactive (NYSE:RSI) stock. The average price target is $6.2, representing a 2.82% decrease from the previous average price target of $6.38. The majority of the ratings are bullish.

Portfolio Pulse from Benzinga Insights

August 04, 2023 | 1:32 pm

Needham analyst Bernie McTernan has reiterated a 'Buy' rating on Rush Street Interactive (NYSE:RSI) and maintained a price target of $6.

Portfolio Pulse from richadhand@benzinga.com

August 04, 2023 | 12:49 pm

Rush Street Interactive (NYSE:RSI) reported Q2 adjusted EPS of $(0.04), beating the estimate of $(0.07) by 42.86%. This is a 63.64% increase over losses from the same period last year. The company also reported quarterly sales of $165.06M, beating the estimate of $158.97M by 3.83%, a 14.84% increase from last year.

Portfolio Pulse from vinayak@benzinga.com

August 04, 2023 | 12:20 pm

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