Maxim Group initiates Buy rating on Interactive Strength with $15 price target.

Maxim Group initiates Buy rating on Interactive Strength with $15 price target.

Maxim Group LLC, a leading investment bank based in New York City, has initiated equity research coverage on Interactive Strength Inc. (Nasdaq: TRNR) with a "Buy" recommendation and a price target of $15.00 per share. The independent assessment by Thomas Forte, CFA, Managing Director & Senior TMT Analyst at Maxim Group, highlights the company's potential operating performance and valuation relative to peers.

Interactive Strength Inc., a maker of innovative specialty fitness equipment under the Wattbike, CLMBR, and FORME brands, is poised for significant growth. The company's acquisition of Wattbike and the pending purchase of Sportstech are expected to drive substantial revenue growth. Maxim Group projects revenue to ramp from $5.4 million in 2024 to $105 million in 2026, representing more than 800% growth in just two years.

The $15 price target implies approximately 130% upside from the July 8th, 2025, closing price. Key drivers of this growth include the contributions from acquisitions, margin expansion as scale builds within a large and growing addressable market, and the potential upside from the AI-focused Digital Asset Treasury Strategy involving crypto assets ($FET).

The report underscores several key catalysts, including the completion of the Sportstech acquisition, international expansion, new partnerships, and corporate wellness offerings. These factors are expected to propel Interactive Strength Inc. toward greater liquidity and more appropriate valuation, addressing common challenges faced by smaller Nasdaq companies.

Interested investors can access the full report by contacting their Maxim Group sales representative or reaching out to ir@interactivestrength.com.

References:
[1] https://www.morningstar.com/news/accesswire/1047360msn/interactive-strength-inc-nasdaq-trnr-receives-buy-rating-and-15-price-target-in-maxim-group-research-initiation
[2] https://www.stocktitan.net/news/TRNR/interactive-strength-inc-nasdaq-trnr-receives-buy-rating-and-15-8y6owlvley9g.html