Rush Street Interactive, Inc. (RSI) Stock Price & Analysis
Rush Street Interactive, Inc. (RSI) closed at USD 16.36 on Thursday, October 22, 2026, down 2.91% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 16.85; the Oct 22, 2026 session ranged USD 16.09–17.24 on volume of 3,953,878 shares. Market capitalization is $4.00B, with a 52-week range of USD 15.51–34.53 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 11:22 UTC.
Also available as compact Markdown for AI agents: nexqual.com/RSI.md
Key facts (RSI)
- Last four reported quarters (through Jun 30, 2026): revenue $1.37B, net income $31.9M (2.3% margin), free cash flow $182M (SEC filings).
- Valuation: P/E 125.2x (avg 322.9x at the last 2 fiscal year-ends).
- Insider open-market sales, last ~7 months: 30 Form 4 filings, $327M; 4 not under a Rule 10b5-1 plan ($287M); 7 by opportunistic insiders (0 outside 10b5-1 plans), 16 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 1 Form 4 filing, $29K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 2.00 on a 1–5 scale) (13 analysts), mean target USD 33.23 (range 22–40).
- Total return with dividends: 1Y -14.1% vs S&P 500 +14.9%; 5Y -21.4% vs S&P 500 +80.3%.
- Next earnings: 2026-10-28, EPS estimate USD 0.14, revenue estimate $390M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (RSI)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $488M | $592M | $691M | $924M | $1.13B | $1.37B |
| Gross profit | $156M | $178M | $226M | $322M | $393M | — |
| Operating income | -$94.3M | -$125M | -$51.6M | $25.0M | $87.4M | $137M |
| Net income | -$19.5M | -$38.6M | -$18.3M | $2.4M | $33.3M | $31.9M |
| EPS (diluted) | -$0.51 | -$0.61 | -$0.27 | $0.03 | $0.31 | — |
| Free cash flow | -$52.0M | -$64.5M | -$7.2M | $106M | $164M | $182M |
| Gross margin | 32.0% | 30.0% | 32.7% | 34.9% | 34.6% | — |
| Operating margin | -19.3% | -21.1% | -7.5% | 2.7% | 7.7% | 10.0% |
| Net margin | -4.0% | -6.5% | -2.6% | 0.3% | 2.9% | 2.3% |
| Revenue growth | +75.3% | +21.3% | +16.7% | +33.7% | +22.8% | — |
| Cash + short-term investments | $281M | $180M | $171M | $233M | $342M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (RSI)
P/E 125.2x · P/S 2.9x · P/FCF 22.0x · P/B 21.6x · FCF yield 4.55% · Earnings yield 0.80% · Buyback yield (TTM) 0.00%
P/E at fiscal year-ends: Dec 2025 137.7x, Dec 2024 508.0x.
Insider sales (SEC Form 4, open-market, last ~7 months) (RSI)
26 of 30 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-10-05 | Sauers Kyle | Chief Financial Officer | 23,000 | $467K | 3.8% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-10-01 | Stetz Mattias | Chief Operating Officer | 20,000 | $397K | 7.6% | Yes | Routine (sold in Mar & Apr each year 2023–2025; this trade is outside those months) |
| 2026-10-01 | Schwartz Richard Todd | Chief Executive Officer | 158,332 | $3.1M | 29.7% | Yes | Routine (sold in Mar & Apr each year 2023–2025; this trade is outside those months) |
| 2026-09-03 | Sauers Kyle | Chief Financial Officer | 23,000 | $611K | 3.7% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-09-01 | Schwartz Richard Todd | Chief Executive Officer | 158,332 | $4.1M | 29.7% | Yes | Routine (sold in Mar & Apr each year 2023–2025; this trade is outside those months) |
| 2026-09-01 | Stetz Mattias | Chief Operating Officer | 20,000 | $514K | 7.1% | Yes | Routine (sold in Mar & Apr each year 2023–2025; this trade is outside those months) |
| 2026-08-03 | Schwartz Richard Todd | Chief Executive Officer | 158,334 | $4.4M | 29.7% | Yes | Routine (sold in Mar & Apr each year 2023–2025; this trade is outside those months) |
| 2026-08-03 | Sauers Kyle | Chief Financial Officer | 23,000 | $613K | 3.5% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-03 | Stetz Mattias | Chief Operating Officer | 20,000 | $561K | 6.6% | Yes | Routine (sold in Mar & Apr each year 2023–2025; this trade is outside those months) |
| 2026-07-06 | Sauers Kyle | Chief Financial Officer | 23,000 | $725K | 3.4% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-07-01 | Schwartz Richard Todd | Chief Executive Officer | 158,334 | $4.9M | 29.7% | Yes | Routine (sold in Mar & Apr each year 2023–2025; this trade is outside those months) |
| 2026-07-01 | Stetz Mattias | Chief Operating Officer | 20,000 | $624K | 6.2% | Yes | Routine (sold in Mar & Apr each year 2023–2025; this trade is outside those months) |
| 2026-06-25 | Wierbicki Paul | Chief Legal Officer | 10,000 | $301K | 9.7% | No | Too little history (no open-market trades in 2023) |
| 2026-06-03 | Sauers Kyle | Chief Financial Officer | 23,000 | $585K | 3.5% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-06-01 | Schwartz Richard Todd | Chief Executive Officer | 158,334 | $4.0M | 29.7% | Yes | Routine (sold in Mar & Apr each year 2023–2025; this trade is outside those months) |
| 2026-06-01 | Stetz Mattias | Chief Operating Officer | 20,000 | $513K | 5.8% | Yes | Routine (sold in Mar & Apr each year 2023–2025; this trade is outside those months) |
| 2026-05-05…2026-05-06 | Schwartz Richard Todd | Chief Executive Officer | 816,500 | $20.4M | 68.6% | No | Routine (sold in Mar & Apr each year 2023–2025; this trade is outside those months) |
| 2026-05-05…2026-05-06 | Stetz Mattias | Chief Operating Officer | 171,350 | $4.3M | 33.3% | No | Routine (sold in Mar & Apr each year 2023–2025; this trade is outside those months) |
| 2026-05-05…2026-05-06 | Bluhm Neil | Executive Chairman | 10,512,150 | $262M | 74.4% | No | Too little history (no open-market trades in 2024 or 2025) |
| 2026-05-04 | Sauers Kyle | Chief Financial Officer | 23,000 | $653K | 3.4% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Insider purchases (SEC Form 4, open-market, last ~7 months) (RSI)
1 purchase, $29K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-09-25 | Markell Jack A. | Director | 1,500 | $29K | 19.35 | Too little history (no open-market trades in 2023–2025) |
Analysts (RSI)
Consensus Buy (mean 2.00 on a 1–5 scale), 13 analysts; mean target USD 33.23 (low 22, high 40).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-20 | JP Morgan | Target lowered | Neutral | $30 → $22 |
| 2026-10-19 | Morgan Stanley | Initiated | Equal-Weight | $22 |
| 2026-10-09 | Susquehanna | Target lowered | Positive | $37 → $27 |
| 2026-10-07 | Macquarie | Target lowered | Outperform | $35 → $33 |
| 2026-09-22 | Citizens | Reiterated | Market Outperform | $34 |
| 2026-09-22 | Stifel | Initiated | Buy | $34 |
| 2026-07-30 | Macquarie | Target raised | Outperform | $30 → $35 |
| 2026-07-30 | Citizens | Target raised | Market Outperform | $33 → $34 |
| 2026-07-30 | Wells Fargo | Target raised | Overweight | $35 → $36 |
| 2026-07-30 | Needham | Target raised | Buy | $33 → $36 |
| 2026-07-29 | Susquehanna | Target raised | Positive | $30 → $36 |
| 2026-07-24 | Oppenheimer | Target raised | Outperform | $30 → $36 |
Total return (dividends reinvested) (RSI)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -14.1% | -21.4% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -14.1% | -4.7% |
| Volatility (annualized) | 47.6% | 61.5% |
| Max drawdown | -52.6% (Jul 2026→Oct 2026) | -86.0% (Nov 2021→Apr 2023) |
RSI revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Online casino and online sports betting | $392.2M | 99.6% | +46.6% |
| Social gaming | $1.1M | 0.3% | -9.0% |
| Retail sports betting | $452,000 | 0.1% | -2.6% |
| Total revenue | $393.8M | 100% | — |
RSI revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| United States and Canada | $285.9M | 72.6% | +22.9% |
| Latin America, including Mexico | $107.9M | 27.4% | +194.8% |
| Total revenue | $393.8M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
RSI suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Special | “Accordingly, we will be required to pay U.S. federal income taxes on the Special Limited Partner's allocable share of RSILP's net taxable income.” |
| Partner | Rush Street Gaming | “If the services agreement with RSG terminates or expires, we may be unable, in certain instances, to replace these services or enter into appropriate third-party agreements on terms, including cost and quality, comparable to those that we currently receive.” |
| Partner | Rivers IP Holdings | “We have a license agreement, as may be amended from time to time, with Rivers IP Holdings, LLC, an affiliated entity, pursuant to which it granted to us a fully paid-up, exclusive license for the use of the trademarks "Rivers," "BetRivers," and "Bet Rivers" used alone or in combination with other words, and domain names incorporating any of these trademarks, in each case in connection with real-money gaming and fa…” |
| Partner | Amazon (AMZN) | “We do not have full control over the operations of the infrastructure of these third parties that we use or anticipate using such as cloud-hosting providers (i.e., Amazon Web Services and Google Cloud) and on-premises hosting, data centers and related service providers or the facilities (including the server rooms) of our casino partners.” |
| Partner | Alphabet (Google) (GOOGL) | “We do not have full control over the operations of the infrastructure of these third parties that we use or anticipate using such as cloud-hosting providers (i.e., Amazon Web Services and Google Cloud) and on-premises hosting, data centers and related service providers or the facilities (including the server rooms) of our casino partners.” |
Quoted from the company's 10-K filed Feb 18, 2026.
RSI company outlook (results filed Jul 29, 2026)
- “Guidance - CHICAGO – July 29, 2026 – Rush Street Interactive, Inc.”
Quoted word-for-word from the SEC 8-K results press release.
RSI analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.14 | $0.14 | -3.0% | $389.9M | 10 |
| Next quarter (ends Dec 2026) | $0.19 | $0.16 | +17.9% | $428.4M | 10 |
| Current fiscal year (ends Dec 2026) | $0.62 | $0.59 | +5.0% | $1.58B | 10 |
| Next fiscal year (ends Dec 2027) | $0.84 | $0.84 | -0.1% | $1.83B | 10 |
RSI options: expected move
Options price a move of about ±17.4% (±$2.93) by Nov 20, 2026, which includes earnings on Oct 28, 2026. Over the last 8 reports the stock moved ±12.7% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 73.4% | ±17.4% |
| Dec 18, 2026 | 56 | 65.2% | ±21.2% |
| Jan 15, 2027 | 84 | 63.6% | ±25.1% |
| Apr 16, 2027 | 175 | 59.8% | ±33.2% |
30-day implied volatility 67.1% vs 48.8% realized over the last 30 trading days. Put/call ratio (volume) 1.84. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 11:22 UTC)
| Price | USD 16.36 |
|---|---|
| Change | ▼ 2.91% (down) |
| Previous Close | USD 16.85 |
| Open | USD 16.88 |
| Day Range | USD 16.09 – 17.24 |
| 52-Week Range | USD 15.51 – 34.53 |
| Volume | 3,953,878 shares |
| Market Cap | $4.00B |
| Exchange | NYQ |
Technical Analysis (RSI)
Nexqual's technical model rates RSI "SELL" based on 3 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 11:22 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 19.13 (oversold) |
| vs SMA50 | Below (USD 22.79) |
| MACD | -1.64 (negative) |
Analyst Ratings (RSI)
Wall Street analysts rate RSI "Buy" based on 13 analysts, with a mean price target of USD 33.23 (range USD 22–40), per Nexqual as of October 23, 2026 at 11:22 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 13 |
| Mean Target | USD 33.23 |
| High Target | USD 40 |
| Low Target | USD 22 |
| Buy / Hold / Sell | 11 / 2 / 0 |
Earnings (RSI)
| Next Earnings Date | 2026-10-28 |
|---|---|
| EPS Estimate | USD 0.14 |
| Revenue Estimate | $389.87M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.15 vs est 0.15 ▲ beat |
| 2026-03-31 | USD 0.14 vs est 0.12 ▲ beat |
| 2025-12-31 | USD 0.08 vs est 0.11 ▼ miss |
| 2025-09-30 | USD 0.09 vs est 0.07 ▲ beat |
Source: Nexqual, October 23, 2026 at 11:22 UTC.
Financials & Fundamentals (RSI)
| Total Revenue | $1.37B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +46.30% |
| Gross Margin | +34.97% |
| Operating Margin | +11.74% |
| Profit Margin | +2.33% |
| ROE | +30.28% |
| Debt / Equity | 0.02 |
| Current Ratio | 2.12 |
| Total Cash | $345.42M |
| Total Debt | $5.15M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $181.67M (13.3% of revenue) |
Source: Nexqual, October 23, 2026 at 11:22 UTC.
Financial Health Score (RSI)
Nexqual rates Rush Street Interactive, Inc.'s overall financial health "Strong" across five dimensions, as of October 23, 2026 at 11:22 UTC.
| Growth | Strong — Revenue +23% YoY (annual) |
|---|---|
| Profitability | Solid — Gross margin 35%, operating 12% (last 12 months) |
| Balance Sheet | Strong — $345M cash vs $5M debt, net cash position |
| Cash Flow | Solid — FCF $182M (last 4 quarters to Jun 2026, SEC), 13% margin |
| Efficiency | Strong — ROE 30%, ROA 12.8% |
Ownership (RSI)
| Insider Ownership | +2.62% |
|---|---|
| Institutional Ownership | +110.00% |
| Shares Outstanding | 115.63M |
| Float | 106.67M |
| Short % of Float | +9.04% |
Source: Nexqual, October 23, 2026 at 11:22 UTC.
Leadership (RSI)
Rush Street Interactive, Inc. is led by Richard Todd Schwartz, Co-Founder, CEO & Director, per Nexqual as of October 23, 2026 at 11:22 UTC.
| Co-Founder, CEO & Director | Richard Todd Schwartz |
|---|---|
| Co-Founder & Executive Chairman | Neil Gary Bluhm |
| President & CFO | Kyle L. Sauers |
| Chief Operating Officer | Mattias Stetz |
| General Counsel, Chief Legal Officer & Director | Paul Wierbicki Esq. |
Major Backers & Investors (RSI)
Notable institutional backers of Rush Street Interactive, Inc. include Divisadero Street Capital Management, LP, Ameriprise Financial, Inc., Hood River Capital Management LLC, according to Nexqual as of October 23, 2026 at 11:22 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Divisadero Street Capital Management, LP | 4.69% |
| Ameriprise Financial, Inc. | 4.34% |
| Hood River Capital Management LLC | 3.85% |
| Invesco | 3.81% |
| Driehaus Capital Management, LLC | 3.75% |
| Fidelity | 3.75% |
| FMR, LLC | 3.46% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 13.04% |
| Vanguard Group | 8.68% |
| Columbia Threadneedle | 3.61% |
Source: Nexqual, October 23, 2026 at 11:22 UTC.
From Rush Street Interactive, Inc.'s Latest SEC 10-K Filing (filed 2026-02-18)
Key Strengths & Strategy (as disclosed to the SEC)
- As we continue to expand in existing and new jurisdictions, we believe we are well-positioned to maintain and build upon our accomplishments by virtue of our competitive strengths: Proprietary Online Gaming Platform.
- We currently operate online casino and/or online or retail sports betting in 20 jurisdictions, including 16 states (Arizona, Colorado, Delaware, Illinois, Indiana, Iowa, Louisiana, Maryland, Michigan, New Jersey, New York, Ohio, Pennsylvania, Virginia, Washington and West Virginia) and four international markets (Colombia, Ontario, Canada, Mexico and Peru) with an aggregate population of over 360 million people.
- To that end, we have secured potential market access to other markets, subject to certain legislative and/or regulatory developments or approvals, including Texas, which that state alone has a population of approximately 32 million people.
- We have developed proprietary technology, product offerings and partnerships to create a sustainable advantage in the online casino and sports betting industry.
Partnerships
- Earlier this year, one such bill in Maine became law enabling statewide wagering in partnership with certain Native American tribes, while others either remain pending, including a bill in Virginia that has received several favorable votes during this current legislative session.
- The costs or adjustment to costs associated with the recognition of the TRA liability is recorded in Change in Tax Receivable Agreement Liability on the Consolidated Statements of Operations.
Legal & Regulatory Risks (Item 1A, quoted)
- Future legislative and regulatory action, court decisions or other governmental action may have a material impact on our operations and financial results.
- Privacy and data protection regulations are complex and rapidly evolving areas. Any failure or alleged failure to comply with these laws could harm our business, reputation, financial condition and operating results.
- Failure to comply with regulatory requirements or to successfully obtain a license or permit applied for could adversely impact our ability to comply with licensing and regulatory requirements or to obtain or maintain licenses in other jurisdictions, or could cause financial institutions, online platforms and distributors to stop providing services to us.
- Any of our gaming licenses could be revoked, suspended or conditioned at any time.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
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|---|---|---|---|
| SGHC | Super Group (SGHC) Limited | USD 11.35 | ▲ 1.98% |
| CHDN | Churchill Downs, Incorporated | USD 84.45 | ▲ 2.01% |
| BRSL | Brightstar Lottery PLC Trading | USD 9.56 | ▲ 3.58% |
| DKNG | DraftKings Inc. | USD 20.94 | ▲ 2% |
| FLUT | Flutter Entertainment plc | USD 81.69 | ▲ 4.38% |
| ACEL | Accel Entertainment, Inc. | USD 10.97 | ▲ 1.76% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 11:22 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt