
RSI Stock Forecast & Price Target
RSI Analyst Ratings
Bulls say
Rush Street Interactive has demonstrated robust growth in the online gaming sector, with gross gaming revenue in states with regulated online casinos reaching $877.6 million, reflecting a 28% year-over-year increase and a 5% sequential uptick. The company's North American operations have achieved record new customer growth, with key states like Michigan, Pennsylvania, and New Jersey showing impressive year-over-year revenue growth of 22% to 31%, while smaller markets have exhibited even stronger performance, with gains up to 96%. Additionally, Rush Street Interactive's user base continues to expand significantly, with monthly active users in North America increasing by over 30% year-over-year and Latin America showing a 40% growth, indicating strong demand and market penetration.
Bears say
Rush Street Interactive's market share trends are underperforming relative to expectations, which raises concerns about its competitive positioning in the online gaming sector. The company has experienced a notable reduction in marketing spending to less than 14% of revenue, the lowest ratio since its public listing, which poses a challenge to maintaining growth despite achieving record first-time depositors. Additionally, the imposition of a temporary 19% VAT on deposits in Colombia is expected to create a significant $25–30 million headwind to Adjusted EBITDA in 2025, exacerbating existing financial pressures.
This aggregate rating is based on analysts' research of Rush Street Interactive and is not a guaranteed prediction by Public.com or investment advice.
RSI Analyst Forecast & Price Prediction
Start investing in RSI
Order type
Buy in
Order amount
Est. shares
0 shares