Rush Street Interactive (RSI) Stock Forecast: What Could Drive It in 2026
Last updated July 2026
Short answer
What is actually driving Rush Street Interactive (RSI) right now is iGaming mix and margin expansion: RSI generates a large share of revenue from online casino, which carries structurally higher margins than sports betting. Revenue (TTM) is ~$1.3B. If that keeps playing out, the setup is favourable; the risk to it is rSI competes against far larger and better-capitalized rivals including FanDuel (Flutter), DraftKings and BetMGM, which can outspend it on marketing and product. No one can predict where RSI trades, and Walnut does not publish targets, so treat this as a scenario, not a price target or prediction.
What could drive Rush Street Interactive (RSI) higher?
1. iGaming mix and margin expansion
RSI generates a large share of revenue from online casino, which carries structurally higher margins than sports betting. As more US states legalize iGaming and existing players deepen engagement, this mix supports the rapid EBITDA growth (2026 adjusted EBITDA guidance of roughly $230 to $250 million, up 50% or more year over year).
2. Latin America and international expansion
Markets such as Colombia, Mexico and Peru are growing faster than North America, with Latin American monthly active users up more than 50% year over year in Q1 2026. New launches like Alberta, Canada add regulated jurisdictions. This geographic diversification is a differentiator versus US-only peers.
3. Improving profitability and cash generation
After years of losses common to the sector, RSI is now consistently profitable and generating cash, which reduces reliance on external funding. Rising monthly active users (about 839,000 in Q1 2026) combined with disciplined marketing spend has flipped the model from cash-burning to self-funding.
4. Scarcity value as an acquisition candidate
As a smaller, profitable, tech-owned operator, RSI is periodically viewed as a consolidation target in a maturing industry dominated by a few giants. Any strategic interest could support the valuation, though it is speculative and not a reason on its own to own the shares.
What could weigh on RSI?
RSI competes against far larger and better-capitalized rivals including FanDuel (Flutter), DraftKings and BetMGM, which can outspend it on marketing and product. State and international gaming taxes can rise unexpectedly (for example a temporary emergency 16% tax decree in Colombia), directly compressing margins. Regulatory change, including new markets opening slowly or existing ones tightening rules, drives much of the growth story and is outside the company's control. The emergence of prediction markets and sweepstakes-style operators adds a new competitive and regulatory wildcard. Finally, the stock trades at a high multiple, so any slowdown in revenue growth or user additions could trigger an outsized share-price decline.
Where RSI trades today
A forecast starts from where the stock actually is. These are RSI's current figures, not a projection: the drivers and risks above are what would move them.
Snapshot for RSI as of July 2026, sourced from Yahoo Finance and may be delayed. Valuation figures move with price and earnings; verify the current numbers with your broker before deciding.
How to think about a RSI forecast
Rather than chasing a price target, it tends to help to weigh the drivers above against the risks, decide how long you are willing to hold, and size the position so a wrong call is survivable. A “forecast” is really a probability-weighted view of those drivers playing out, not a number.
For the full picture, see the RSI guide and whether RSI is a buy. In Walnut you can pressure-test the thesis against your real portfolio.
The bottom line on the RSI outlook
The bottom line: what is driving Rush Street Interactive (RSI) is iGaming mix and margin expansion, with revenue (ttm) at ~$1.3B. If that keeps playing out the setup is favourable; the risk is rSI competes against far larger and better-capitalized rivals including FanDuel (Flutter), DraftKings and BetMGM, which can outspend it on marketing and product. No one can predict the price, so treat any RSI forecast as a scenario, not a target or prediction, and decide from your own thesis and time horizon. Walnut is not an investment adviser.
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FAQ
What is the forecast for Rush Street Interactive (RSI)?
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No one can reliably predict where RSI will trade, and Walnut does not publish price targets. What is more useful is the setup: the drivers that could push Rush Street Interactive higher and the risks that could weigh on it. This page lays out both so you can form your own view. Not a recommendation.
What could drive RSI higher?
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The main growth drivers are iGaming mix and margin expansion; Latin America and international expansion; Improving profitability and cash generation. Whether they play out is the real question, not a guaranteed path.
What are the risks to RSI?
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RSI competes against far larger and better-capitalized rivals including FanDuel (Flutter), DraftKings and BetMGM, which can outspend it on marketing and product. State and international gaming taxes can rise unexpectedly (for example a temporary emergency 16% tax decree in Colombia), directly compressing margins. Regulatory change, including new markets opening slowly or existing ones tightening rules, drives much of the growth story and is outside the company's control. The emergence of prediction markets and sweepstakes-style operators adds a new competitive and regulatory wildcard. Finally, the stock trades at a high multiple, so any slowdown in revenue growth or user additions could trigger an outsized share-price decline.
Will RSI stock go up in 2026?
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Nobody knows, and anyone who says they do is guessing. Rush Street Interactive's direction depends on whether the drivers above outweigh the risks, plus the broader market. Focus on the thesis and your time horizon rather than a single-year call.
Is RSI a buy?
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That depends on your thesis, time horizon, and what you already own, not on a forecast. See the RSI "is it a buy?" page for a framework. Walnut is not an investment adviser.
How fast is RSI growing?
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Revenue grew about 41% year over year in Q1 2026 to roughly $370 million, and management guided full-year 2026 revenue to about $1.49 billion to $1.54 billion, or roughly 31% to 36% growth.
Walnut is informational, not investment advice. This page describes drivers and risks; it is not a price forecast, target, or recommendation. Markets are uncertain and past performance does not predict future results.