Jefferies Sticks to Its Buy Rating for Rush Street Interactive (RSI)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 27 2025
0mins
Should l Buy RSI?
Source: Business Insider
Analyst Ratings: Jefferies analyst David Katz has maintained a Buy rating on Rush Street Interactive (RSI) with a price target of $17.00, while Craig-Hallum also issued a Buy rating, contrasting with Susquehanna's Hold rating.
Company Performance: Rush Street Interactive has a market cap of $2.91 billion and reported Q4 adjusted EPS of 7 cents, slightly above the consensus of 6 cents, with projected FY25 revenue between $1.01 billion and $1.08 billion.
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Analyst Views on RSI
Wall Street analysts forecast RSI stock price to rise
6 Analyst Rating
5 Buy
1 Hold
0 Sell
Strong Buy
Current: 15.890
Low
20.00
Averages
23.60
High
29.00
Current: 15.890
Low
20.00
Averages
23.60
High
29.00
About RSI
Rush Street Interactive, Inc. is an online gaming and sports entertainment company focused on markets in the United States, Canada and Latin America. Through its brands, BetRivers, PlaySugarHouse and RushBet, offers real-money mobile and online operations in fifteen U.S. states: New Jersey, Pennsylvania, Indiana, Colorado, Illinois, Iowa, Michigan, Virginia, West Virginia, Arizona, New York, Louisiana, Maryland, Ohio and Delaware, as well as in the regulated international markets of Colombia, Ontario (Canada), Mexico and Peru. It operates and/or supports retail sports betting for its bricks-and-mortar partners under its brands or its partners’ respective brands depending on the terms of its arrangement. It also provides social gaming where users can earn or purchase virtual credits to enjoy free-to-play games. Users who exhaust their credits can either purchase additional virtual credits from the virtual cashier or wait until their virtual credits are replenished for free.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Rush Street Interactive Set to Announce Q4 Earnings on February 17
- Earnings Announcement: Rush Street Interactive (RSI) is set to announce its Q4 2023 earnings on February 17 after market close, with a consensus EPS estimate of $0.11, reflecting a 57.1% year-over-year increase, indicating a strong profitability trend that could positively impact stock performance.
- Revenue Growth Expectations: Analysts project RSI's revenue to reach $305.6 million, representing a 20.2% year-over-year growth, which underscores the company's robust market performance and sustained customer demand, likely boosting investor confidence.
- Historical Performance: Over the past two years, RSI has consistently beaten both EPS and revenue estimates 100% of the time, reinforcing market trust in the company and laying a solid foundation for future growth.
- Revision Trends: In the last three months, EPS estimates have seen three upward revisions with no downward adjustments, while revenue estimates experienced four upward revisions and two downward adjustments, indicating a prevailing optimistic sentiment in the market regarding RSI's future performance.
See More
Rush Street CEO Sells Over 247,000 Shares
- Executive Sell-Off: On February 4, 2026, Rush Street Interactive CEO Richard Todd Schwartz executed an open-market sale of 247,114 shares valued at approximately $4.4 million, marking his largest single sale, exceeding his previous median sell size of 193,900 shares, indicating a cautious outlook on the company's future.
- Ownership Impact: Following this transaction, Schwartz's direct holdings decreased to 949,048 shares, representing about 0.97% of the company's outstanding shares, which may raise market concerns regarding his confidence in the company, especially ahead of the upcoming earnings report.
- Financial Performance Expectations: Rush Street Interactive is set to release its Q4 FY2025 earnings report on February 17, 2026, with market expectations leaning towards continued strong performance, particularly given its Q3 revenue beat of 4.3% over analyst estimates, reaching $277.91 million.
- Industry Context Analysis: Amidst the booming online betting industry, Rush Street's stock rose approximately 40% in 2025, and while the outlook appears positive, investors may opt to wait for the earnings report before making significant investment decisions to assess the company's ongoing growth potential.
See More
Oversold Stocks in Consumer Staples Sector Present Buying Opportunities
- Buying Opportunity: Stocks in the consumer staples sector with an RSI below 30 are considered oversold, presenting opportunities to invest in undervalued companies, especially during market fluctuations.
- Instacart Performance: Instacart (NASDAQ:CART) shares have fallen approximately 18% over the past month, with an RSI of 29.3 indicating potential for a short-term rebound, as analysts maintain a Buy rating.
- Price Target Adjustment: Stifel analyst Mark Kelley lowered the price target for Instacart from $49 to $46, reflecting a cautious market outlook on the company's future performance while providing investors with a chance to buy at a lower price.
- Market Dynamics Analysis: Other oversold stocks in the consumer sector, such as Coffee Holding Co. and 22nd Century Group, also show investment potential, allowing investors to assess short-term trading opportunities through RSI indicators.
See More
Oversold Stocks in Consumer Discretionary Sector Present Buying Opportunities
- Oversold Stock Overview: Kohls Corp's relative strength index (RSI) stands at 29.6, indicating a 17% decline over the past month and a 52-week low of $6.04, suggesting it is undervalued and may attract investor interest.
- Analyst Rating: Jefferies analyst Blake Anderson assigned a Hold rating to Kohl's on January 14, and despite the stock's decline, the rating may provide a relatively stable investment signal for investors.
- Market Performance: Kohls shares fell 3.2% to close at $17.22 on Wednesday, and with an 86.20 momentum score and a 96.75 value score, it indicates potential rebound opportunities in the market.
- Industry Dynamics: As consumer spending gradually recovers, oversold stocks like Kohls may become focal points for investors to reassess, especially in the context of economic recovery, which could yield higher returns.
See More
Rush Street Interactive CEO Sells 158,335 Shares for $3 Million
- Insider Sale: Rush Street Interactive CEO Richard Todd Schwartz sold 158,335 shares for a total of $3 million on Friday, yet retains approximately 1.2 million shares, indicating continued confidence in the company's prospects.
- Stock Performance: The weighted average sale price was $19.22 per share, slightly below Friday's closing price of $19.26, suggesting that the insider sale may not negatively impact market sentiment.
- Strong Earnings Growth: The company reported record revenue of $277.9 million in Q3, a 20% year-over-year increase, and raised its full-year revenue guidance to about $1.11 billion, reflecting robust operational performance.
- Competitive Positioning: Rush Street Interactive leverages a multi-brand strategy and proprietary technology to capture market share in the rapidly expanding digital gambling sector, continuously attracting users and enhancing its competitive edge.
See More
Rush Street Interactive CEO Schwartz Sells 158,335 Shares for $3 Million
- Insider Sale: Rush Street Interactive CEO Richard Todd Schwartz sold 158,335 shares for $3 million, indicating a strategic adjustment in his ownership structure while retaining approximately 1.2 million Class A shares valued at $23 million.
- Transaction Context: The sale involved converting partnership units into Class A common stock, and although the number of shares sold is below the recent median, the 11.7% impact on pre-transaction holdings suggests a potential reduction in remaining capacity.
- Company Performance: Rush Street Interactive reported record revenue of $277.9 million in Q3, a 20% year-over-year increase, and raised its full-year revenue guidance to approximately $1.11 billion, highlighting strong growth in the online gaming market.
- Market Reaction: Despite concerns over the CEO's sale, the transaction is not viewed as bearish given the company's ongoing profitability and raised guidance, reflecting confidence in its steady expansion in regulated markets.
See More
Rush Street Interactive Set to Announce Q4 Earnings on February 17
- Earnings Announcement: Rush Street Interactive (RSI) is set to announce its Q4 2023 earnings on February 17 after market close, with a consensus EPS estimate of $0.11, reflecting a 57.1% year-over-year increase, indicating a strong profitability trend that could positively impact stock performance.
- Revenue Growth Expectations: Analysts project RSI's revenue to reach $305.6 million, representing a 20.2% year-over-year growth, which underscores the company's robust market performance and sustained customer demand, likely boosting investor confidence.
- Historical Performance: Over the past two years, RSI has consistently beaten both EPS and revenue estimates 100% of the time, reinforcing market trust in the company and laying a solid foundation for future growth.
- Revision Trends: In the last three months, EPS estimates have seen three upward revisions with no downward adjustments, while revenue estimates experienced four upward revisions and two downward adjustments, indicating a prevailing optimistic sentiment in the market regarding RSI's future performance.
See More
Rush Street CEO Sells Over 247,000 Shares
- Executive Sell-Off: On February 4, 2026, Rush Street Interactive CEO Richard Todd Schwartz executed an open-market sale of 247,114 shares valued at approximately $4.4 million, marking his largest single sale, exceeding his previous median sell size of 193,900 shares, indicating a cautious outlook on the company's future.
- Ownership Impact: Following this transaction, Schwartz's direct holdings decreased to 949,048 shares, representing about 0.97% of the company's outstanding shares, which may raise market concerns regarding his confidence in the company, especially ahead of the upcoming earnings report.
- Financial Performance Expectations: Rush Street Interactive is set to release its Q4 FY2025 earnings report on February 17, 2026, with market expectations leaning towards continued strong performance, particularly given its Q3 revenue beat of 4.3% over analyst estimates, reaching $277.91 million.
- Industry Context Analysis: Amidst the booming online betting industry, Rush Street's stock rose approximately 40% in 2025, and while the outlook appears positive, investors may opt to wait for the earnings report before making significant investment decisions to assess the company's ongoing growth potential.
See More
Oversold Stocks in Consumer Staples Sector Present Buying Opportunities
- Buying Opportunity: Stocks in the consumer staples sector with an RSI below 30 are considered oversold, presenting opportunities to invest in undervalued companies, especially during market fluctuations.
- Instacart Performance: Instacart (NASDAQ:CART) shares have fallen approximately 18% over the past month, with an RSI of 29.3 indicating potential for a short-term rebound, as analysts maintain a Buy rating.
- Price Target Adjustment: Stifel analyst Mark Kelley lowered the price target for Instacart from $49 to $46, reflecting a cautious market outlook on the company's future performance while providing investors with a chance to buy at a lower price.
- Market Dynamics Analysis: Other oversold stocks in the consumer sector, such as Coffee Holding Co. and 22nd Century Group, also show investment potential, allowing investors to assess short-term trading opportunities through RSI indicators.
See More
Oversold Stocks in Consumer Discretionary Sector Present Buying Opportunities
- Oversold Stock Overview: Kohls Corp's relative strength index (RSI) stands at 29.6, indicating a 17% decline over the past month and a 52-week low of $6.04, suggesting it is undervalued and may attract investor interest.
- Analyst Rating: Jefferies analyst Blake Anderson assigned a Hold rating to Kohl's on January 14, and despite the stock's decline, the rating may provide a relatively stable investment signal for investors.
- Market Performance: Kohls shares fell 3.2% to close at $17.22 on Wednesday, and with an 86.20 momentum score and a 96.75 value score, it indicates potential rebound opportunities in the market.
- Industry Dynamics: As consumer spending gradually recovers, oversold stocks like Kohls may become focal points for investors to reassess, especially in the context of economic recovery, which could yield higher returns.
See More
Rush Street Interactive CEO Sells 158,335 Shares for $3 Million
- Insider Sale: Rush Street Interactive CEO Richard Todd Schwartz sold 158,335 shares for a total of $3 million on Friday, yet retains approximately 1.2 million shares, indicating continued confidence in the company's prospects.
- Stock Performance: The weighted average sale price was $19.22 per share, slightly below Friday's closing price of $19.26, suggesting that the insider sale may not negatively impact market sentiment.
- Strong Earnings Growth: The company reported record revenue of $277.9 million in Q3, a 20% year-over-year increase, and raised its full-year revenue guidance to about $1.11 billion, reflecting robust operational performance.
- Competitive Positioning: Rush Street Interactive leverages a multi-brand strategy and proprietary technology to capture market share in the rapidly expanding digital gambling sector, continuously attracting users and enhancing its competitive edge.
See More
Rush Street Interactive CEO Schwartz Sells 158,335 Shares for $3 Million
- Insider Sale: Rush Street Interactive CEO Richard Todd Schwartz sold 158,335 shares for $3 million, indicating a strategic adjustment in his ownership structure while retaining approximately 1.2 million Class A shares valued at $23 million.
- Transaction Context: The sale involved converting partnership units into Class A common stock, and although the number of shares sold is below the recent median, the 11.7% impact on pre-transaction holdings suggests a potential reduction in remaining capacity.
- Company Performance: Rush Street Interactive reported record revenue of $277.9 million in Q3, a 20% year-over-year increase, and raised its full-year revenue guidance to approximately $1.11 billion, highlighting strong growth in the online gaming market.
- Market Reaction: Despite concerns over the CEO's sale, the transaction is not viewed as bearish given the company's ongoing profitability and raised guidance, reflecting confidence in its steady expansion in regulated markets.
See More
