Rush Street Interactive, Inc. (RSI) - Stock Analysis
Last updated: Sep 6, 2026
Research Idea
Research content for general circulation. Not individualized advice. Methodology & Disclosures
Q1 2026 revenue rose 41% YoY to $370.4M, net income rose 134%, adjusted EBITDA rose 81%, EPS beat expectations, and full-year 2026 revenue/EBITDA guidance was raised. Shares are in a strong 21-day uptrend, up about 27.8% and reaching a new 52-week high.
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AI Analyst Overview
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Valuation Metrics
Fundamental Analysis
Key Financial Insights: ⢠Strong cash position ⢠Improving EBITDA ⢠Elevated valuation RSI has strong liquidity and improving quarterly performance, but elevated liabilities, negative retained earnings, mixed return metrics, and steep valuation multiples make the risk-reward unattractive.
Price Behavior
Key Price Behavior Insights: ⢠Modest recovery ⢠Resistance test ⢠Fragile momentum Support Level: $24.30â$24.60; secondary $25.00â$25.20 Resistance Level: $26.70â$26.80 RSI is cautiously recovering over the last month, but a breakout above $26.80 is needed to confirm strength, while a fall below $25.00 risks a retest of $24.30 support.
Sentiment & News
Key News Insights: ⢠Institutional Accumulation ⢠Price Weakness ⢠Limited Updates RSI's short-term share decline contrasts with significant institutional buying, signaling potential investor confidence despite limited fundamental updates.
AI Summary
RSI's shift to positive earnings, cash flow, and record EBITDA makes sustained margin expansionânot growth aloneâthe investment trigger, but its premium valuation leaves little room for slower revenue growth or promotional/regulatory pressure; consider adding only if management continues to beat raised guidance while converting user growth into durable free cash flow.
Description
Rush Street Interactive, Inc. is an operator of online casino and sports-betting services across the United States and Latin America, offering real-money gaming, social gaming, and both online and retail wagering. The company complements its digital platforms with physical gaming assets and a range of table and slot offerings marketed under the BetRivers, PlaySugarHouse and RushBet brands. Founded in 2012, Rush Street Interactive is headquartered in Chicago, Illinois.
Idea History
| Date | Close | Ticker | Company | Summary | Status | P/L |
|---|---|---|---|---|---|---|
| Apr 30 | May 7 | RSI | Rush Street Interactive, Inc. | Q1 2026 revenue rose 41% YoY to $370.4M, net income rose 134%, adjusted EBITDA rose 81%, EPS beat expectations, and full-year 2026 revenue/EBITDA guidance was raised. Shares are in a strong 21-day uptrend, up about 27.8% and reaching a new 52-week high. | Closed | -0.8% |
| Feb 19 | Feb 26 | RSI | Rush Street Interactive, Inc. | Record Q4/FY2025 results and a big 2026 guidance raise (revenue and EBITDA), with positive net income, strong FCF, and ~$340M cash and no debt, position RSI for continued rerating; short interest has fallen and the stock has begun to rebound, giving room for further upside on follow-through buying. | Closed | +5.8% |