If you are wanting some exposure to the smaller side of the market, then it could be worth considering the two small cap ASX shares in this article.
That's because they have just been named as buys by analysts at Bell Potter. Here's why the broker is bullish on these names:
6K Additive Inc (ASX: 6KA)
The first small cap ASX share that Bell Potter is tipping as a buy is 6K Additive.
It is a US-based manufacturer, upcycling metal scrap into premium metal powders and alloying additives. Bell Potter highlights that its patented UniMelt technology can produce spherical powders for additive manufacturing across a range of high-end reactive metals, refractory metals, and alloys.
This includes titanium, Inconel, C103 and tantalum. Compared with incumbent spheroidisation processes, UniMelt has materially lower energy consumption, achieves higher product yield, and upcycles manufacturing waste.
The broker believes the small cap has a competitive advantage and is well-placed to benefit from increased defence spending. It said:
6KA has a competitive advantage in the production of high-value metal powders for the fast-growing global Additive Manufacturing sector. The company's UniMelt systems are energy efficient, high yield and accept recycled metal feedstock. 6KA is supporting US-based reshoring of critical metal supply.
Company value is highly leveraged to the take-up of Additive Manufacturing, which has lead-time advantages over incumbent casting and forging production methods. We expect Additive Manufacturing to be a beneficiary of the US Department of War's Acquisition Transformation Strategy to support rebuilding the country's Defense Industrial Base.
Bell Potter has a speculative buy rating and $1.45 price target on its shares.
WRKR Ltd (ASX: WRK)
Another small cap ASX share that Bell Potter is bullish on is WRKR. It is a regulation technology company for Australian employers across the employee lifecycle. The company has a core focus on managing superannuation compliance events, providing payment processing and onboarding solutions.
Bell Potter was pleased with the company's performance during the second quarter. It said:
WRK delivered another standout cash collection result, with $3.2m cash receipts from customers in 2Q26. The print was negatively impacted by $0.9m late invoices which have since been collected. This is expected to benefit the 3Q26 result.
Cash receipts, adjusted for timing differences, grew +68% YOY and +13% QOQ pro-forma reflecting: 1) consistent recurring revenue linked to transactional activity through Wrkr PAY (71% FY25 revenue); 2) Ongoing developments for Australian Retirement Trust, with their Employer Online portal being a new mention, and further work on the Beam platform; and 3) milestone payments related to MUFG Australian and Hong Kong agreements, in addition to monthly support and maintenance fees for the Hong Kong platform.
In response, the broker has retained its buy rating with an improved price target of 18.5 cents.
