Why Rush Street Interactive, Inc. (RSI) stock moved
Updated Oct 31, 2026
Rush Street Interactive, Inc. (RSI) shares tumbled 11.0% to $12.12 as of October 31, 2026, a sharp decline from the prior close of $13.62. BestStocks flagged the session as a major change for RSI. The move is tied to price move down. Below, we break down what changed for RSI, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
What happened
RSI fell 11.0% to $12.12
RSI tumbled 11.0% in its latest session, moving from $13.62 to $12.12.
Material / EarningsMedium confidence
Rel. volume
4.2×
Extreme
Vs peers
—
No comparable peers
Market cap
$3.4B
New York Stock Exchange
Analyst target
$31
+158.3% vs price
Price chart
Sep 30 – Oct 30
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details
What it means for Rush Street Interactive, Inc. investors
For Rush Street Interactive, Inc. investors, the recent signals add up to a strong bearish shift. On the constructive side: RSI raised its full-year 2026 revenue outlook to $1.49–$1.54 billion, signaling management confidence in growth momentum. Weighing against that: Material negative event; Sharp 11.0% decline — elevated risk. Wall Street's consensus price target sits at $31.30, implying +158.3% upside from $12.12. BestStocks rates the overall signal quality medium (75/100). With earnings roughly 108 days out, the next report is the most likely near-term test of the move.
RSI price reaction
RSI last traded at $12.12, down $1.50 (-11.01%) from the previous close of $13.62. The session traded on 4.2× average volume (extreme), so the move carried above-average conviction. Over the past month the stock has ranged between $12.12 and $20.99, and it currently sits about 0% of the way up that band.
Bullish and bearish analyst opinions on Rush Street Interactive, Inc. (RSI)
The consensus analyst price target on Rush Street Interactive, Inc. (RSI) is $31.30, 158.3% above the recent $12.12. Over the past 90 days analysts logged 0 upgrades, 16 maintains, and 0 downgrades. Here is how the bullish and bearish cases on RSI line up.
▲ The bullish case
+Wall Street's consensus price target of $31.30 implies +158.3% upside from $12.12.
+The Street's most bullish target is $39.00 (+221.8%).
+RSI raised its full-year 2026 revenue outlook to $1.49–$1.54 billion, signaling management confidence in growth momentum.
▼ The bearish case
−Material negative event.
−Sharp 11.0% decline — elevated risk.
−High volume 4.2x on decline — distribution signal.
−Rush Street Interactive reported Q3 2026 earnings today, triggering a 6.61% intraday decline to $14.13 (from $15.13).
−Assenagon Asset Management sold 970,890 shares of Rush Street Interactive, according to defenseworld.net.
Bull vs bear balanceStrong Bearish Shift
BearishNeutralBullish
Weighing both sides, BestStocks' composite read of recent signals is strongly bearish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
Analyst price targets and ratings are FMP consensus figures as of Oct 31, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Rush Street Interactive reported Q3 2026 earnings today, triggering a 6.61% intraday decline to $14.13 (from $15.13). Volume surged to 2.76M shares—3.84x the historical average for this point in the session—indicating substantial institutional and retail reaction to the results or guidance, corroborated by Motley Fool and Seeking Alpha earnings coverage.
Filings2026-10-29-10.0%
Rush Street Interactive, Inc. (RSI) filed a new 10-Q on 2026-10-29.
Material / Earnings2026-10-28-1.8%
Rush Street Interactive, Inc. (RSI) reported EPS of $0.15 vs. consensus estimate of $0.13, beating by 12.1% on 2026-10-28.
News2026-10-28-1.8%
RSI reported Q3 2026 revenue of $385.9M (+39% YoY) with net income of $28.7M (+93% YoY).
RSI fell 4.60% to $15.55 amid broad profit-taking in online gaming/iGaming equities, with no company-specific catalyst identified (per web search as of Oct 27, 1:31 PM EDT). The stock is now hovering near its 52-week low of $15.51, and volume is running 0.46x the time-adjusted average—below historical norms for this point in the session.
Assenagon Asset Management sold 970,890 shares of Rush Street Interactive, according to defenseworld.net. RSI fell 3.38% to $16.28 on below-average volume (604k shares, 0.36x expected at 180 minutes into session), suggesting limited conviction behind the decline.
Rush Street Interactive declined 5.94% to $16.78, with volume at 0.80x the time-adjusted expected level (2.52M shares, 340 minutes into session). No material news catalyst appeared in intraday sources; the move occurs one week ahead of the company's 2026-10-28 earnings report, for which Wall Street expects earnings growth and a consensus EPS of $0.14 (Zacks).
Rush Street Interactive, Inc. moved -2.78% intraday from $18.52 to $18.00. Rush Street Interactive, Inc. (NYSE: RSI) is down approximately 2.7% today following Morgan Stanley's new initiation of coverage on the stock with an Equalweight rating and a $22.00 price target. - Analyst Coverage: Morgan Stanley officially initiated coverage on October 19, 2026, setting a neutral stance that prompted some short-term profit-taking or repositioning by investors. - Upcoming Earnings: The decline also reflects cautious trading ahead of Rush Street Interactive’s third-quarter 2026 earnings report, which is scheduled for release on October 28, 2026. - Recent Insider Activity: Sentiment has also been weighed down recently by prior insider sales and unit exchanges by executives like CEO Richard Schwartz earlier in the month. Would you like to review RSI's Q3 consensus earnings estimates or analyst price targets leading into the October 28 report?
In-depth RSI event analyses
Permanent, dated analyses of RSI's most significant sessions.
Why did Rush Street Interactive, Inc. (RSI) stock move?
RSI tumbled 11.0% to $12.12. No single company-specific catalyst was confirmed during the move window, and it looks technical.
How much did RSI stock fall?
RSI lost 11.01% ($1.50) versus the prior close of $13.62, last trading at $12.12 on 4.2× average volume.
When is Rush Street Interactive, Inc.'s next earnings date?
RSI's next earnings report is estimated for 2027-02-16 — about 108 days away.
What is the analyst price target for RSI?
The consensus analyst price target for RSI is $31.30, about 158.3% above the current $12.12. Over the past 90 days, analysts recorded 0 upgrades, 16 maintains, and 0 downgrades.
How BestStocks tracks RSI
This page is generated automatically by BestStocks' change-detection system after price move down was detected and verified against independent data sources. It draws on 20 tracked change events for RSI, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of October 31, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.