Is Rush Street Interactive, Inc. (RSI) A Good Stock To Buy Now?

Is RSI a good stock to buy? We came across a bullish thesis on Rush Street Interactive, Inc. on Stay Invested’s Substack by Denis Gorbunov. In this article, we will summarize the bulls’ thesis on RSI. Rush Street Interactive, Inc.'s share was trading at $27.08 as of May 27 th . RSI’s trailing and forward P/E were 76.88 and 42.19 respectively according to Yahoo Finance. Rush Street Interactive (RSI) is an online gaming and sports betting company that has emerged as a beneficiary of growing consumer engagement with digital gambling platforms amid a period of economic uncertainty, inflation, and financial stress. The company focuses primarily on iGaming rather than sports betting, a strategy that differentiates it from larger competitors and provides higher-margin, more predictable revenue streams. Read More: 15 AI Stocks That Are Quietly Making Investors Rich Read More: Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential Management believes casino players generate significantly greater lifetime value than sports-betting-only users, making the casino segment the foundation of RSI’s business model. The company has built a technology-driven ecosystem focused on customer acquisition and retention through personalized promotions, social gaming products, instant payouts, and AI-powered engagement tools that encourage recurring activity while improving marketing efficiency. This strategy is translating into strong financial results, with first-quarter 2026 revenue increasing 41% year-over-year, adjusted EBITDA rising 81%, and net income reaching a record $26.2 million, marking the company’s eighth consecutive profitable quarter. Monthly active users grew 51% to 839,000, supported by strong expansion in both North America and Latin America. RSI also maintains a debt-free balance sheet with $330 million in cash and raised its full-year 2026 guidance, expecting revenue growth of 31% to 36% and EBITDA growth of 50% to 63%. Looking ahead, expansion into Alberta provides another growth avenue, while Latin America represents the company’s largest long-term opportunity, with major markets such as Brazil and Argentina still untapped. The 2026 FIFA World Cup in North America could further accelerate user activity and betting volumes. While regulatory changes and taxation remain risks, RSI’s rising profitability, accelerating user growth, expanding geographic footprint, and improving operating leverage support a bullish outlook, with the company appearing well positioned to sustain its growth trajectory and potentially achieve further stock appreciation from current levels. Previously, we covered a bullish thesis on DraftKings Inc. (DKNG) by LongTermValue Research in April 2025, which highlighted the company’s leadership in online sports betting, expanding legalization tailwinds, improving profitability, and potential 50% upside from depressed levels. DKNG's stock price has depreciated by approximately 24.46% since our coverage. Denis Gorbunov shares a similar view but emphasizes Rush Street Interactive’s higher-margin iGaming model, accelerating profitability, strong user growth, and untapped expansion opportunities across the Americas. Rush Street Interactive, Inc. is not on our list of the 40 Most Popular Stocks Among Hedge Funds . As per our database, 36 hedge fund portfolios held RSI at the end of the first quarter which was 37 in the previous quarter. While we acknowledge the risk and potential of RSI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than RSI and that has 10,000% upside potential, check out our report about this cheapest AI stock .