
RSI Stock Forecast & Price Target
RSI Analyst Ratings
Bulls say
Rush Street Interactive Inc. has demonstrated robust growth in its online casino and sports betting segments, achieving a gross gaming revenue of $877.6 million, which represents a 28% year-over-year increase and a 5% sequential rise from the previous quarter. The company has seen remarkable new customer growth across its North American markets, with Michigan, Pennsylvania, and New Jersey reporting annual growth rates between 22% and 31%, while emerging markets such as West Virginia, Delaware, and Rhode Island exhibited even higher growth rates ranging from 53% to 96% year-over-year. Furthermore, Rush Street Interactive's user engagement is on the rise, with monthly active users in North America increasing over 30% year-over-year and those in Latin America growing by more than 40%, indicating a strong momentum heading into Q3.
Bears say
Rush Street Interactive Inc. is experiencing worsening market share trends, which raises concerns about its competitive positioning within the online gaming sector. The company’s marketing spend has decreased to less than 14% of revenue, the lowest since its public debut, leading to an estimated annualized Adjusted EBITDA headwind of $25–30 million. Additionally, regulatory pressures, such as the recently imposed 19% VAT on deposits in Colombia, are anticipated to further contribute an equivalent EBITDA headwind in 2025, creating significant financial challenges for the company moving forward.
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
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