Is Rush Street Interactive (RSI) A Bargain On Its AGS Online Games Launch?
Rush Street Interactive (RSI) is drawing fresh attention after partnering with gaming supplier AGS to bring Bonus Spin Xtreme progressive table games online through BetRivers and PlaySugarHouse across selected U.S. states and Canadian provinces.
See our latest analysis for Rush Street Interactive.
Alongside the AGS tie up and its upcoming appearance at the Oppenheimer Technology, Internet & Communications Conference on 12 August 2026, Rush Street Interactive has seen mixed momentum, with a 1 month share price return down 21.29% yet a year to date share price return of 32.47% and a very large 3 year total shareholder return that signals strong long term interest.
If this type of product led growth story interests you, it could be worth widening your watchlist with online entertainment and infrastructure peers using the 21 top founder-led companies
Rush Street Interactive is now in the spotlight after the Bonus Spin Xtreme launch and a strong year to date share price gain, yet the stock has pulled back sharply in the past month. Does that set up a better entry now or at a later point?
Most Popular Narrative: 21.2% Undervalued
The most followed narrative currently puts Rush Street Interactive's fair value at $32.45, compared with a last close of $25.58. This suggests a meaningful valuation gap that investors are watching closely.
The analysts have a consensus price target of $32.45 for Rush Street Interactive based on their expectations of its future earnings growth, profit margins and other risk factors.
However, there is a degree of disagreement amongst analysts, with the most bullish reporting a price target of $38.0, and the most bearish reporting a price target of just $30.0.
Want to see what is baked into that gap between price and fair value? The narrative leans heavily on higher profitability, faster revenue compounding, and a premium future earnings multiple. Curious which assumptions really drive that $32.45 figure.
Result: Fair Value of $32.45 (UNDERVALUED)
Have a read of the narrative in full and understand what's behind the forecasts.
However, there are clear pressure points that could challenge this Rush Street Interactive narrative, including heavier Latin American tax and regulatory risks, as well as higher future marketing spend that could squeeze margins.
Find out about the key risks to this Rush Street Interactive narrative.
Another View on Rush Street Interactive’s Valuation
The fair value narrative around Rush Street Interactive leans heavily on analyst targets and growth forecasts, yet our DCF model points to something very different. With shares at $25.58 and a future cash flow value estimate of $58.20, the stock screens as materially undervalued. Which story do you trust more: the market price today or the cash flow math?
Look into how the SWS DCF model arrives at its fair value.
Next Steps
The mix of enthusiasm and concern around Rush Street Interactive should prompt you to review the numbers yourself and act while sentiment is still divided. To see what the market is currently optimistic about, review the 4 key rewards
Looking for more investment ideas beyond Rush Street Interactive?
If you like the mix of growth stories and valuation work around Rush Street Interactive, do not stop here. The next opportunity on your list could matter more.
- Target potential mispricings by scanning companies that currently screen as strong value opportunities through the 52 high quality undervalued stocks.
- Strengthen your focus on capital protection by reviewing companies that score well on resilience using the 80 resilient stocks with low risk scores.
- Spot early standouts by checking a screener containing 20 high quality undiscovered gems before the wider market pays attention.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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