Rush Street Interactive (RSI) AI Stock Analysis

• Market Cap: $4.30B
• Dividend Yield: N/A
• Average Volume (3M): 1.59M
• Price to Earnings (P/E): 93.1
• Beta (1Y): 1.24
• Revenue Growth: 26.99%
• EPS Growth: N/A
• Country: US
• Employees: 883
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): 0.11
• Shares Outstanding: 95,339,350
• 10 Day Avg. Volume: 1,904,941
• 30 Day Avg. Volume: 1,591,359
• PEG Ratio: -4.24
• Price to Book (P/B): 14.26
• Price to Sales (P/S): 1.21
• P/FCF Ratio: 14.57
• Enterprise Value/Market Cap: 0.79
• Enterprise Value/Revenue: 3.33
• Enterprise Value/Gross Profit: 9.70
• Enterprise Value/Ebitda: -209.93
• 1Y Price Target: $21.50
• Price Target Upside: 14.54% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 8

• Rating: 65 Neutral
• Price Target: $18.50 ▼(-1.44% Downside)

Rush Street Interactive's overall stock score reflects strong financial performance and positive earnings call highlights, including raised guidance and robust growth in key markets. However, the high P/E ratio indicates overvaluation, and technical indicators suggest potential short-term weakness. The company's growth trajectory is promising, but attention to valuation and technical signals is advisable.

Positive Factors

Revenue Growth

The significant revenue growth indicates strong market demand and effective business strategies, supporting long-term expansion and profitability.

Market Expansion

Expansion into new markets and product offerings like multistate poker enhance RSI's competitive position and potential customer base, driving future growth.

Cash Flow Management

Efficient cash flow management ensures RSI can fund operations and growth initiatives, enhancing financial stability and reducing reliance on external financing.

Negative Factors

Profitability Challenges

Low net profit margins indicate ongoing challenges in achieving higher profitability, which may affect long-term financial health and investment appeal.

Tax Headwinds

Increased tax burdens can reduce net income and cash flow, impacting RSI's ability to invest in growth and maintain competitive pricing.

Colombian Market Challenges

Regulatory and competitive pressures in Colombia could hinder market performance and require strategic adjustments to maintain market share.

Rush Street Interactive Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Rush Street Interactive generates revenue primarily through online sports betting and casino gaming. The company earns money by taking a percentage of wagers placed on its platforms, known as the 'hold' or 'vig,' which is the difference between the total amount wagered and the winnings paid out. Key revenue streams include sports betting, where customers place bets on various sporting events, and casino gaming, which encompasses a range of games such as slots, table games, and live dealer experiences. Additionally, RSI benefits from partnerships with various sports leagues and teams, as well as collaborations with third-party technology providers that enhance its offerings and expand its market reach. The company also focuses on customer acquisition through promotions and bonuses, driving user engagement and increasing its revenue potential.

Rush Street Interactive Financial Statement Overview

Summary

Rush Street Interactive shows improvements in revenue growth and operational efficiency with positive margins and cash flow generation. However, past profitability challenges and volatility in equity remain concerns.

Income Statement

Rush Street Interactive shows a positive trajectory in revenue growth, with a TTM (Trailing-Twelve-Months) revenue growth rate of 4.87%. The company has improved its profitability over time, with a TTM gross profit margin of 34.38% and a net profit margin of 0.87%. The EBIT margin stands at 3.99% and the EBITDA margin is 7.43%, indicating operational efficiency improvements. However, the net profit margin remains relatively low, and historical EBIT and EBITDA have been negative in prior years, suggesting past profitability challenges.

Balance Sheet

The balance sheet shows a strong equity position with an equity ratio of 21.01% and a low debt-to-equity ratio of 0.07, indicating low leverage. With a return on equity (ROE) of 10.38%, the company is effectively generating profits from its equity. However, stockholders' equity has shown volatility over the years, and total liabilities have been relatively high compared to assets, impacting financial stability.

Cash Flow

The cash flow statement highlights strong free cash flow generation with a positive free cash flow growth rate of 6.06%. The operating cash flow to net income ratio is 12.36, and the free cash flow to net income ratio is 9.68, underscoring efficient cash flow management. While past years showed negative free cash flow, the current positive trajectory reflects improved cash management strategies.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.02B	924.08M	691.16M	592.21M	488.11M	278.50M
Gross Profit	350.01M	322.05M	226.15M	177.55M	155.96M	87.63M
EBITDA	-16.16M	56.51M	-21.85M	-109.86M	-90.03M	-126.30M
Net Income	25.22M	2.39M	-18.30M	-38.63M	-19.49M	1.08M
Balance Sheet
Total Assets	543.02M	379.47M	318.58M	350.35M	408.73M	308.56M
Cash, Cash Equivalents and Short-Term Investments	246.39M	229.17M	168.33M	179.72M	281.03M	255.62M
Total Debt	6.21M	4.64M	3.51M	1.90M	1.66M	1.21M
Total Liabilities	290.78M	181.15M	152.45M	159.47M	101.03M	575.89M
Stockholders Equity	122.93M	78.68M	53.77M	56.05M	85.44M	-61.78M
Cash Flow
Free Cash Flow	80.21M	77.02M	-37.12M	-88.62M	-82.94M	9.94M
Operating Cash Flow	109.83M	106.45M	-5.93M	-60.32M	-48.19M	16.18M
Investing Cash Flow	-33.55M	-33.36M	-33.78M	-28.99M	-37.00M	-6.24M
Financing Cash Flow	-36.05M	-2.65M	-518.00K	-1.22M	125.58M	241.07M

Rush Street Interactive Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 18.77
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For RSI, the sentiment is Negative. The current price of 18.77 is below the 20-day moving average (MA) of 19.50, below the 50-day MA of 20.43, and above the 200-day MA of 15.20, indicating a neutral trend. The MACD of -0.49 indicates Positive momentum. The RSI at 44.31 is Neutral, neither overbought nor oversold. The STOCH value of 43.87 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for RSI.

Rush Street Interactive Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SGHC	71 Outperform	$6.27B	47.33	21.44%	2.24%	26.85%	1963.28%
RSI	65 Neutral	$4.30B	93.11	27.07%	―	26.99%	―
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
LNW	60 Neutral	$6.29B	19.33	46.91%	―	3.93%	19.20%
CDRO	55 Neutral	$303.51M	486.86	2.77%	―	―	―
BALY	54 Neutral	$628.77M	―	-113.09%	―	-1.10%	-1.69%
DKNG	50 Neutral	$29.89B	―	-26.38%	―	25.80%	27.64%

Rush Street Interactive Corporate Events

Rush Street Interactive Promotes Kyle Sauers to President

On October 15, 2025, Rush Street Interactive announced the promotion of Kyle Sauers to President, in addition to his role as Chief Financial Officer. This strategic move reflects RSI’s growth and aims to leverage Sauers’ leadership to enhance operational alignment and market performance. Sauers, who joined RSI in 2020, has been instrumental in shaping the company’s financial strategy and will now take on broader responsibilities to drive sustainable growth and innovation.

The most recent analyst rating on (RSI) stock is a Buy with a $26.00 price target. To see the full list of analyst forecasts on Rush Street Interactive stock, see the RSI Stock Forecast page.

Rush Street Interactive Reports Record Revenue and Growth

Rush Street Interactive, Inc. (RSI) recently held its earnings call, revealing a strong quarter characterized by record revenue and growth across key markets. Despite facing challenges such as a temporary VAT tax in Colombia and increased state taxes, the company raised its full-year guidance, highlighting positive momentum and marketing efficiency that significantly outweigh the lowlights.

Rush Street Interactive Reports Record Q2 2025 Results

Rush Street Interactive, Inc. (RSI) is a prominent online casino and sports betting company operating in the United States and across the Americas, known for its innovative gaming offerings and strong presence in regulated markets.