On March 12, 2026, Freedom Capital Markets initiated coverage of Rush Street Interactive (NYSE: RSI) with a Buy recommendation. The average one-year price target for the company is projected at $25.63 per share, indicating a potential upside of 23.03% from the current closing price of $20.83 per share.
Projected annual revenue for Rush Street Interactive stands at $1.021 billion, reflecting a 10% decline, while the non-GAAP EPS is estimated to be 0.00. Institutional ownership has seen a 31.83% decrease, with 302 funds reporting, and total shares owned down 7.98% to 103.28 million shares.
Notable investors include Alliancebernstein with 4.41 million shares (4.31% ownership), Driehaus Capital Management holding 3.89 million shares (3.80% ownership), and Ameriprise Financial with 3.60 million shares (3.52% ownership), each adjusting their allocations in the last quarter.
