On May 1, 2025, Needham analyst Bernie McTernan reiterated a "Buy" rating for Rush Street Interactive (RSI, Financial). The analyst maintained the price target at $17.00 USD, consistent with the prior target. This continues to reflect a positive outlook for the company.
The rating and price target decisions were based on an analysis of RSI's current market position and growth prospects. The company's operation in the gaming and betting industry has been attracting significant attention, and this stable price target suggests confidence in its future performance.
The consistent "Buy" rating from Needham highlights ongoing investor confidence in RSI's potential for good returns. Investors will continue to monitor any market developments that might impact the stock's projected trajectory.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for Rush Street Interactive Inc (RSI, Financial) is $15.50 with a high estimate of $17.00 and a low estimate of $12.00. The average target implies an upside of 37.17% from the current price of $11.30. More detailed estimate data can be found on the Rush Street Interactive Inc (RSI) Forecast page.
Based on the consensus recommendation from 9 brokerage firms, Rush Street Interactive Inc's (RSI, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Rush Street Interactive Inc (RSI, Financial) in one year is $7.15, suggesting a downside of 36.73% from the current price of $11.3. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Rush Street Interactive Inc (RSI) Summary page.