Interactive Strength Inc. (TRNR)

NASDAQ: TRNR · IEX Real-Time Price · USD
0.194
+0.009 (4.86%)
Apr 19, 2024, 1:14 PM EDT - Market open
4.86%
Market Cap 3.79M
Revenue (ttm) 962,000
Net Income (ttm) -51.37M
Shares Out 19.54M
EPS (ttm) -4.15
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 21,954
Open 0.179
Previous Close 0.185
Day's Range 0.179 - 0.199
52-Week Range 0.172 - 7.138
Beta n/a
Analysts Strong Buy
Price Target 12.00 (+6,085.57%)
Earnings Date Jun 6, 2024

About TRNR

Interactive Strength Inc., doing business as FORME, operates digital fitness platform that provides connected fitness hardware products and related accessories in the United States. It offers the Forme Studio, a fitness mirror with touchscreen display; and the Forme Studio Lift, a fitness mirror and cable-based digital resistance. The company also provides video on-demand classes, and personal training and expert health coaching services. The company sells its products through retail stores, as well as online. The company was incorporated in 20... [Read more]

IPO Date Apr 28, 2023
Employees 27
Stock Exchange NASDAQ
Ticker Symbol TRNR
Full Company Profile

Financial Performance

In 2023, TRNR's revenue was $962,000, an increase of 41.26% compared to the previous year's $681,000. Losses were -$51.37 million, -11.77% less than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for TRNR stock is "Strong Buy" and the 12-month stock price forecast is $12.0.

Price Target
$12.0
(6,085.57% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Interactive Strength Inc. (Nasdaq: TRNR) to Exhibit CLMBR at FIBO Global Fitness, the World's Largest Trade Show for Fitness, Wellness and Health on April 11-14

AUSTIN, TX, April 10, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Interactive Strength Inc. (Nasdaq: TRNR) (“TRNR” or “the Company”), maker of innovative specialty fitness equipment and provider of vi...

9 days ago - GlobeNewsWire

Interactive Strength Inc. (Nasdaq: TRNR) Reports Fourth Quarter 2023 Results

Net Loss and Earnings per Diluted Share of $11.4 million and $0.80 Adjusted EBITDA was a $3.5 million loss, a $5.5 million improvement versus fourth quarter of 2022 The Company confirms it expects to ...

17 days ago - GlobeNewsWire

Interactive Strength Inc. (Nasdaq: TRNR) Receives Letter From Nasdaq Confirming That the Company Complies With the Stockholders' Equity Requirement

AUSTIN, TX, March 05, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Interactive Strength Inc. d/b/a FORME (Nasdaq: TRNR) (“TRNR” or “the Company”), maker of innovative specialty fitness equipment and pr...

6 weeks ago - GlobeNewsWire

Interactive Strength Inc. (Nasdaq: TRNR) Completes Acquisition of CLMBR, Creating a High-growth, B2B Focused, Connected Fitness Platform

AUSTIN, TX, Feb. 07, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Interactive Strength Inc. (Nasdaq: TRNR) (“TRNR” or “the Company”), maker of premium smart home gyms and provider of virtual personal t...

2 months ago - GlobeNewsWire

Interactive Strength Inc. d/b/a FORME Reports Third Quarter 2023 Results

Net Loss and Earnings per Diluted Share of $10.4 million and $0.73 Adjusted EBITDA was a $3.4 million loss, a $5.8 million improvement versus third quarter of 2022 Entered into a definitive agreement ...

5 months ago - GlobeNewsWire

Interactive Strength, Inc. d/b/a FORME (Nasdaq: TRNR) to Present at the Webull LIVE! with Corporate Connect: Virtual Consumer Tech Webinar

Interactive Strength recently signed agreement to acquire CLMBR, creating a high-growth, B2B focused, connected fitness platform

6 months ago - GlobeNewsWire

Interactive Strength, Inc. d/b/a FORME Announces Strategic Partnership with HSA/FSA Payment Provider Truemed

AUSTIN, TX, Oct. 13, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Interactive Strength Inc. d/b/a FORME (Nasdaq: TRNR), maker of premium smart home gyms and provider of virtual personal training servic...

6 months ago - GlobeNewsWire

FORME Eyes Sustainable Growth Through CLMBR Acquisition Using A B2B/B2C Multi-channel Strategy To ‘Avoid Mistakes Of Peloton, Other Struggling Connected Fitness Companies'

AUSTIN, TX / ACCESSWIRE / October 13, 2023 / It's been a rough couple of years for connected fitness as the pandemic-era bubble burst leaving once shining growth stocks like Peloton grappling with wan...

6 months ago - Accesswire

Interactive Strength, Inc. d/b/a FORME (Nasdaq: TRNR) to Acquire CLMBR, Creating a High-growth, B2B Focused, Connected Fitness Platform

AUSTIN, TX, Oct. 11, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Interactive Strength, Inc. d/b/a FORME (Nasdaq: TRNR), maker of premium smart home gyms and provider of virtual personal training serv...

6 months ago - GlobeNewsWire

CORRECTION BY SOURCE: Goldman Small Cap Research Publishes New Research Report on Interactive Strength, Inc.

Company Name Misspelled in Earlier Release BALTIMORE, MD / ACCESSWIRE / August 17, 2023 / Goldman Small Cap Research, a stock market research firm specializing in the small cap and microcap sectors, a...

8 months ago - Accesswire

Goldman Small Cap Research Publishes New Research Report on Interactive Health, Inc.

BALTIMORE, MD / ACCESSWIRE / August 17, 2023 / Goldman Small Cap Research, a stock market research firm specializing in the small cap and microcap sectors, announced today that it has published a new ...

8 months ago - Accesswire

Interactive Strength Inc. (Nasdaq: TRNR d/b/a “FORME”) Announces Non-Binding Letter of Intent and Exclusivity Agreement to Acquire a Connected Fitness Equipment Business

AUSTIN, TX, Aug. 15, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Interactive Strength Inc. (Nasdaq: TRNR d/b/a “FORME”), maker of premium smart home gyms and provider of virtual personal training ser...

8 months ago - GlobeNewsWire

Interactive Strength Inc. d/b/a FORME Reports Second Quarter 2023 Results

Net Loss and Earnings per Diluted Share of $13.6 million and $1.02 Adjusted EBITDA was a $5.7 million loss, a $4.1 million improvement versus second quarter of 2022 Average Annualized Recurring Revenu...

8 months ago - GlobeNewsWire

Top 5 Consumer Stocks That May Rocket Higher In August - REE Automotive (NASDAQ:REE), Funko (NASDAQ:FNKO)

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.

Other symbols: FNKOREEUHGWOOF
8 months ago - Benzinga

Interactive Strength Inc. (Nasdaq: TRNR d/b/a “FORME”) Announces Distribution Partnership With Industry Leading Integrated Fitness Services Company, The Risher Companies

Company Continues Business-To-Business Commercial Strategy to Strengthen Multi-Year Subscription Opportunities FORME Selected as a Preferred Equipment Supplier for Industry Leading Fitness Center Cons...

9 months ago - GlobeNewsWire

Interactive Strength Inc. Secures $15M Credit Facility to Support Increased Demand

AUSTIN, TX, June 12, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Interactive Strength Inc. d/b/a FORME (the "Company", or “FORME”) (NASDAQ: TRNR), maker of premium smart home gyms and provider of vir...

11 months ago - GlobeNewsWire

Interactive Strength Inc. d/b/a FORME Reports First Quarter 2023 Results

Adjusted EBITDA was a $4.4 million loss, a $6.3 million improvement versus first quarter of 2022 Average Annualized Recurring Revenue per Household at $1,650, more than three times greater versus firs...

11 months ago - GlobeNewsWire

TRNR (Interactive Strength Inc. d/b/a FORME) to Present at LD Micro Conference on June 7, 2023 in Los Angeles

Presentation to be webcast at 12:00 p.m. Pacific Time on June 7th Austin, Texas--(Newsfile Corp. - June 1, 2023) - Interactive Strength Inc. d/b/a FORME (NASDAQ: TRNR) ("FORME" or "the Company"), make...

11 months ago - Newsfile Corp

Interactive Strength Inc. d/b/a FORME to Present at the Investor Summit on June 1st

Presentation to be webcast at 11:30AM/ET on June 1st Austin, Texas--(Newsfile Corp. - May 25, 2023) - Interactive Strength Inc. d/b/a FORME (NASDAQ: TRNR) ("FORME" or "the Company"), maker of premium ...

11 months ago - Newsfile Corp

Interactive Strength Inc. d/b/a FORME Launches European Expansion Plan by Focusing on Strategic Partnership With SIGNA Sports United

AUSTIN, TX, May 24, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Interactive Strength Inc. d/b/a FORME (“FORME” or “the Company” or Nasdaq: TRNR), maker of premium smart home gyms and provider of virt...

11 months ago - GlobeNewsWire

Interactive Strength Inc. d/b/a FORME Joins Webull Corporate Communications Service Platform

Webull's Community of 1.3+ Million Active Participants can now Access the Profile of Interactive Strength d/b/a FORME on the Leading Mobile-First Brokerage Platform

11 months ago - GlobeNewsWire

Interactive Strength Inc. and Aethos Partner to Bring Cutting Edge FORME Training Technology Into Hotels

AUSTIN, TX and ZUG, Switzerland, May 22, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Aethos, a leading lifestyle brand for community-centric hotels and member clubs in Europe, is excited to announce i...

11 months ago - GlobeNewsWire

FORME and Aethos Partner to Bring Cutting Edge Training Technology Into Hotels

AUSTIN, TX and ZUG, Switzerland, May 22, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Aethos, a leading lifestyle brand for community-centric hotels and member clubs in Europe, is excited to announce i...

11 months ago - GlobeNewsWire

Aegis Capital Corp. Acted as Sole Bookrunner on a $12 Million Initial Public Offering for Interactive Strength Inc. d/b/a FORME (NASDAQ:TRNR)

NEW YORK, NY / ACCESSWIRE / May 2, 2023 / Aegis Capital Corp. acted as Sole Bookrunner on a $12 Million Initial Public Offering for Interactive Strength Inc. d/b/a FORME (NASDAQ:TRNR). About Interacti...

1 year ago - Accesswire

Interactive Strength Inc. d/b/a FORME Announces Closing of $12 Million Initial Public Offering

AUSTIN, TX, May 02, 2023 (GLOBE NEWSWIRE) --  via NewMediaWire – Interactive Strength Inc. (FORME) (Nasdaq: TRNR), a digital fitness platform that combines premium connected fitness hardware products ...

1 year ago - GlobeNewsWire