Analysts have raised their price target for Rush Street Interactive from $21.38 to $21.75, citing stronger revenue growth expectations. This comes despite a slightly higher discount rate and modest adjustments to profit margin and future price-to-earnings estimates.
What's in the News
- Rush Street Interactive has launched the gaming industry's first integrated debit payments solution, BetRivers Debit, in partnership with Sightline Payments. This aims to enhance user convenience and security. (Key Developments)
- The company completed the repurchase of 733,019 shares worth $7.63 million as part of its ongoing buyback program. (Key Developments)
- Earnings guidance for full year 2025 has been raised, with projected revenue between $1,050 and $1,100 million. This represents an expected 16% year-over-year growth. (Key Developments)
Valuation Changes
- Consensus Analyst Price Target has risen slightly, increasing from $21.38 to $21.75.
- Discount Rate has edged up marginally from 8.25% to 8.26%.
- Revenue Growth expectations have improved, rising from 13.58% to 15.00%.
- Net Profit Margin has declined modestly, moving from 3.40% to 3.30%.
- Future P/E has increased slightly, from 62.10x to 62.61x.
Disclaimer
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