Benchmark Reiterates Buy Rating on Rush Street Interactive (RSI)

Benchmark analyst Mike Hickey reiterated a Buy rating and $17.00 price target on Rush Street Interactive (NYSE: RSI).

The analyst commented, “2Q Preview: RSI is expected to report 2Q25 results in early August, and we anticipate a solid update reflecting strong iGaming engagement and consistent platform performance, despite ongoing pressure from Colombia’s temporary VAT on deposits. As a market proxy, Michigan highlights the strength of RSI’s offering, with elevated sports betting hold and healthy iGaming NGR growth pointing to sustained user value and product appeal. While Colombia remains a drag on growth and margins, any resolution to the tax policy could unlock meaningful upside in 2026. Delaware continues to show strong early traction, with long-term growth potential, and Alberta represents a high-margin expansion opportunity with market launch likely in 1H26. Backed by a cash-rich balance sheet and no debt, RSI is well positioned with a differentiated iCasino-first strategy and disciplined operating model.”

For an analyst ratings summary and ratings history on Rush Street Interactive click here. For more ratings news on Rush Street Interactive click here.

Shares of Rush Street Interactive closed at $14.90 yesterday.

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