Analyst Tom Forte of Maxim Group reiterated a Buy rating on Interactive Strength Inc, retaining the price target of $15.00.
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Tom Forte has given his Buy rating due to a combination of factors including Interactive Strength Inc’s strategic acquisitions and financial outlook. The company has recently completed the acquisition of Wattbike and is in the final stages of acquiring Sportstech, both of which are expected to significantly boost revenue and expand the company’s market presence internationally. The raised 2025 revenue guidance to over $80 million, up from $75 million, reflects stronger-than-expected performance from these acquisitions.
Additionally, Interactive Strength’s shares are trading at a discount compared to peers, with a valuation of 4.1 times the FY26 adjusted EBITDA estimate versus a peer average of 6.2 times. This valuation, combined with a projected 12-month price target of $15 based on a discounted cash flow analysis, supports the Buy rating. The company’s strategic focus on growth through acquisitions and its crypto treasury strategy further bolster its potential for increased revenue and market expansion.
According to TipRanks, Forte is a 4-star analyst with an average return of 7.2% and a 44.49% success rate. Forte covers the Consumer Cyclical sector, focusing on stocks such as Jakks Pacific, Beyond Inc, and Allbirds.