GET DAILY SIGNALSRush Street Interactive (RSI) Shares Decline -40% in 30 Days After Q3 Earnings Miss
Key Takeaways
- Rush Street Interactive (RSI) fell roughly 40% over the past 30 days, from a closing price near $20.33 to about $12.18, extending a broader multi-month downtrend.
- The selloff accelerated after third-quarter 2026 results: revenue of $385.9 million, up 39% year over year, came in below consensus and broke the company's streak of beat-and-raise quarters.
- Core operating fundamentals remain strong — adjusted EBITDA rose 73% year over year and full-year 2026 guidance was reiterated — even as the market reset its growth expectations.
- Several analysts lowered price targets while keeping Buy or Outperform ratings, reflecting a recalibration of near-term growth assumptions rather than a deterioration in the underlying business.
- Notable insider selling and a risk-off tone toward high-growth online gaming names added to the downward pressure on the stock.
Rush Street Interactive (RSI) Company Overview and Market Position
Rush Street Interactive is an online gaming and sports entertainment company operating real-money casino, sports betting, and poker platforms in the United States, Canada, and Latin America. Its flagship brands, BetRivers and PlaySugarHouse, serve a growing base of players across regulated markets. The company's revenue mix is weighted toward online casino, which represents roughly 75% of total revenue, with online sports betting accounting for most of the remainder. I follow RSI closely because of its strong position in the iGaming space, its rapid expansion in Latin America, and its track record of margin improvement and disciplined marketing spend. I also checked this using Tickeron’s AI Screener to see how the stock compares to others in the industry.
Rush Street Interactive (RSI) Stock Price Performance: Last 30 Days vs. Quarter
Over the past 30 days, RSI shares have declined approximately 40%, falling from a closing price near $20.33 on September 30, 2026, to about $12.18 in late October. The move lower was not a single-day event but a steady, accelerating decline punctuated by a sharp post-earnings drop of roughly 10% in a single session.
The longer view is equally weak. Over the last quarter, the stock has fallen roughly 55% from around $26.91 at the end of July to the low-teens range, well below its mid-July high near $34.52. This places RSI in a clear multi-month downtrend, with each rally attempt failing at progressively lower levels and selling pressure intensifying into the third-quarter earnings report.
What Drove RSI Stock Price in the Last 30 Days
The primary catalyst behind the recent decline was the company's third-quarter 2026 earnings report. RSI posted revenue of $385.9 million, up 39% year over year, driven by a 32% increase in online casino revenue and a 70% jump in online sports betting revenue. Adjusted EBITDA rose 73% to $62.2 million, and gross margin expanded 240 basis points to 36.4%. Yet revenue narrowly missed the consensus estimate of about $390.8 million, ending a streak of beat-and-raise quarters that investors had come to expect.
That modest revenue shortfall triggered a broad reset in sentiment. Analysts at Craig-Hallum, Stifel, Macquarie, Needham, Oppenheimer, and J.P. Morgan all lowered their price targets — in several cases by $10 or more — even as most maintained Buy or Outperform ratings. The combination of a guidance reiteration rather than an upward revision, alongside roughly $14.8 million in insider selling over the prior three months, further pressured the shares. The result was a sharp repricing as the market adjusted to a more moderate growth trajectory. From what I see, this repricing reflects expectations shifting rather than any fundamental breakdown.
What Drove RSI Stock Performance Over the Last Quarter
The quarterly decline reflects a longer-running de-rating of the stock rather than a single event. After peaking near $34.52 in mid-July, RSI entered a sustained slide as investors grew cautious about valuation and the sustainability of its rapid growth pace. The company's decision to increase marketing investment in the second half of 2026 — framed by management as a response to attractive player-acquisition economics — weighed on sentiment, as did persistent insider selling. While the underlying business continued to grow, with record monthly active users in North America and Latin America revenue up 218% year over year, the market increasingly focused on the gap between elevated expectations and a more measured growth outlook, driving a steady downward re-rating through September and October.
RSI Stock Forecast Drivers: What Investors Should Watch Next
Looking ahead, investors will focus on whether RSI can re-accelerate revenue growth and restore its beat-and-raise cadence. Key items to monitor include fourth-quarter and full-year 2026 results against the reiterated guidance of $1.56 billion to $1.60 billion in revenue and $245 million to $265 million in adjusted EBITDA, the continued momentum in Latin America and online casino, and any updates on new market entries such as Alberta. Margin trends, marketing efficiency, and the pace of share repurchases under the company's $100 million program will also matter, as will broader sentiment toward high-growth consumer and online gaming stocks. These factors, rather than short-term price swings, will likely shape the stock's next phase. I’m watching this closely as the company works to regain its footing.
Exploring Tickeron AI Trading Bots for Market Insights
In my own research process, I often turn to Tickeron’s automated tools to get a broader view of how different strategies are performing across sectors. The platform’s AI Trading Bots section lets me review a range of data-driven approaches that monitor thousands of tickers, helping me compare positioning without replacing my own analysis. It is one way I cross-check ideas before forming a final view on names like RSI.
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Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
RSI sees its 50-day moving average cross bearishly below its 200-day moving average
The 50-day moving average for RSI moved below the 200-day moving average on October 13, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 09, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on RSI as a result. In 60 of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 71%.
The Moving Average Convergence Divergence Histogram (MACD) for RSI turned negative on October 21, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In 35 of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at 78%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where RSI declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 76%.
The Aroon Indicator for RSI entered a downward trend on October 27, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator shows that the ticker has stayed in the oversold zone for 8 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 13 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a +5.21% 3-day Advance, the price is estimated to grow further. Considering data from situations where RSI advanced for three days, in 258 of 302 cases, the price rose further within the following month. The odds of a continued upward trend are 85%.
RSI may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron Seasonality Score of 44 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron SMR rating for this company is 46 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 67 (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (8.509) is normal, around the industry mean (3.589). RSI has a moderately high P/E Ratio (43.935) as compared to the industry average of (1.402). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (0.476). Dividend Yield (0.000) settles around the average of (0.012) among similar stocks. RSI's P/S Ratio (3.305) is slightly higher than the industry average of (1.692).
The Tickeron Price Growth Rating for this company is 85 (best 1 - 100 worst), indicating slightly worse than average price growth. RSI’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 86 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. RSI’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 100, placing this stock worse than average.
Industry description
Market Cap
High and low price notable news
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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General Information
a blank check company, which intends to focus on companies that have created compelling mobile app experiences with significant growth in segments such as gaming, entertainment, education, e-commerce, dating and health and wellness
Industry CasinosGaming
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