RSI:NYSERush Street Interactive, Inc. Analysis

Rush Street Interactive (RSI) is trading at $24, comfortably above its 20‑day SMA ($22.60) and 50‑day SMA ($21.16), with the 200‑day SMA at $19.33, confirming a sustained bullish trend. The RSI of 67.5 and a bullish MACD histogram (+0.10) suggest continued upward momentum, while volume remains stable, supporting the price action.
Recent earnings released a record quarterly revenue of $370.4 M (+41% YoY) and net income of $26.2 M (+134% YoY), driving a 24.8% share price gain over the past six months and outpacing the S&P 500 by 26.9%. Management’s guidance projects 2026 revenue of $1.49‑$1.54 B and adjusted EBITDA of $210‑$230 M, underscoring strong growth prospects.
Despite a high trailing PE of 77× and PB of 16×, the DCF‑derived fair value of $45 suggests the stock is still priced below intrinsic expectations, offering modest upside (~4‑5% per analyst targets) while the company maintains a solid cash balance ($342 M) and negligible debt, supporting its capacity to fund expansion into new markets like Alberta.