Surging Earnings Estimates Signal Upside for Rush Street Interactive (RSI) Stock
Rush Street Interactive, Inc. (RSI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
| Ticker |
RSI
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| CIK | 0001793659 |
| SIC | 7990 |
| Sector | Services |
| Industry Category | Entertainment |
| Industry Group | Services – Misc. Entertainment |
| Address | 900 N. MICHIGAN AVENUE, SUITE 950, CHICAGO, IL, 60611 |
| Website | rushstreetinteractive.com |
| Phone | 773-893-5855 |
| CEO | Richard Schwartz |
| Employees | 470 |
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Surging Earnings Estimates Signal Upside for Rush Street Interactive (RSI) StockRush Street Interactive, Inc. (RSI) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions. Wall Street Analysts See a 30.39% Upside in Rush Street Interactive (RSI): Can the Stock Really Move This High?The consensus price target hints at a 30.4% upside potential for Rush Street Interactive (RSI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term. 1 High-Flying Stock with Exciting Potential and 2 We Avoid"You get what you pay for" often applies to expensive stocks with best-in-class business models and execution. While their quality can sometimes justify the premium, they typically experience elevated volatility during market downturns when expectations change. Why Is Rush Street Interactive (RSI) Stock Rocketing Higher TodayShares of online casino and sports betting company Rush Street Interactive (NYSE:RSI) jumped 7.1% in the afternoon session after the company reported strong fourth-quarter revenue and provided an upbeat forecast, which overshadowed a miss on earnings per share. Palantir upgraded, Workday downgraded: Wall Street's top analyst callsPalantir upgraded, Workday downgraded: Wall Street's top analyst calls |