RSI, US7820111000

Susquehanna cuts target for Rush Street Interactive stock to USD 27.00

Published on 10/16/2026 at 02:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Susquehanna cut its target to USD 27.00 from USD 37.00 on October 9, 2026. Rush Street Interactive stock awaits results on October 28.

Analyst reset ahead

Susquehanna cut its RSI target from USD 37.00 to USD 27.00 on October 9, 2026.
Second-quarter revenue reached USD 393.78 million versus USD 367.75 million expected.
Rush Street Interactive will publish third-quarter results on October 28, 2026.

RSI, US7820111000, Illustration mit AI erstellt.

Rush Street Interactive (ISIN US7820111000) faces a lower analyst benchmark after Susquehanna cut its price target to USD 27.00 from USD 37.00 on October 9, 2026, while keeping a Positive rating, as Markets Insider reported. The change puts marketing spending and second-half estimates at the center of the next valuation debate.

What does the target cut change?

Susquehanna said higher-than-expected marketing spending in the second half prompted estimate reductions for the second half and 2027. The target cut was 27.03 percent, calculated from USD 37.00 to USD 27.00, but the Positive rating remained in place.

Three milestones shaped the stock

On July 29, 2026, RSI reported second-quarter revenue of USD 393.78 million, up 46.3 percent year over year, and adjusted EBITDA of USD 64.60 million, up 61.0 percent year over year, according to MarketBeat. Revenue exceeded the USD 367.75 million consensus estimate by USD 26.03 million.

On October 7, 2026, RSI announced that it would release third-quarter results after the market close on October 28, 2026. The October 9, 2026, Susquehanna target reduction is the latest dated analyst action in this sequence.

Two dates set the next test

RSI will publish third-quarter 2026 results after the market close on October 28, 2026, followed by a conference call at 6:00 p.m. ET, according to the company release carried by GlobeNewswire. The report will show whether revenue growth can continue while marketing costs rise.

Business remains growth-led

Rush Street Interactive operates online casino and sports betting platforms under brands including BetRivers, PlaySugarHouse and RushBet. Its latest reported quarter combined 46.3 percent revenue growth with USD 29.30 million in net income, leaving the October report as the next concrete test of profitability and spending discipline.