Interactive Strength (TRNR) Stock Price, News & Analysis

Company Overview

Interactive Strength Inc., doing business as FORME, operates digital fitness platform that provides connected fitness hardware products and related accessories in the United States. The company offers the Forme Studio, a fitness mirror with touchscreen display; and the Forme Studio Lift, a fitness mirror and cable-based digital resistance. It 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. Interactive Strength Inc. was incorporated in 2017 and is headquartered in Austin, Texas.

Key Stats

• Today's Range: $5.86 to $6.52
• 50-Day Range: $4.35 to $10.10
• 52-Week Range: $3.74 to $797.70
• Volume: 108,060 shs
• Average Volume: 794,872 shs
• Market Capitalization: $8.50 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $15.00
• Consensus Rating: Strong Buy

Interactive Strength Stock Analysis - MarketRank™

Interactive Strength scored higher than 29% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Strong Buy

Amount of Analyst Coverage

Interactive Strength has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Interactive Strength is 0.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Interactive Strength is 0.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Interactive Strength has a P/B Ratio of 0.12. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

9.56% of the float of Interactive Strength has been sold short.

Short Interest Ratio / Days to Cover

Interactive Strength has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Interactive Strength has recently decreased by 93.19%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Interactive Strength does not currently pay a dividend.

Dividend Growth

Interactive Strength does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

9.56% of the float of Interactive Strength has been sold short.

Short Interest Ratio / Days to Cover

Interactive Strength has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Interactive Strength has recently decreased by 93.19%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: N/A

News Sentiment

Interactive Strength has a news sentiment score of 1.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.91 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Interactive Strength this week, compared to 1 article on an average week.

MarketBeat Follows

3 people have added Interactive Strength to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Interactive Strength insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.03% of the stock of Interactive Strength is held by insiders.

Percentage Held by Institutions

Only 0.64% of the stock of Interactive Strength is held by institutions.

TRNR Stock Analysis - Frequently Asked Questions

How have TRNR shares performed this year?

Interactive Strength's stock was trading at $28.50 at the start of the year. Since then, TRNR stock has decreased by 78.8% and is now trading at $6.03.

How were Interactive Strength's earnings last quarter?

Interactive Strength Inc. (NASDAQ:TRNR) posted its earnings results on Monday, May, 19th. The company reported ($17.40) earnings per share (EPS) for the quarter. The business had revenue of $1.40 million for the quarter. Interactive Strength had a negative net margin of 469.69% and a negative trailing twelve-month return on equity of 445.35%.

When did Interactive Strength's stock split?

Interactive Strength shares reverse split on the morning of Friday, June 27th 2025.The 1-10 reverse split was announced on Friday, June 27th 2025. The number of shares owned by shareholders was adjusted after the closing bell on Friday, June 27th 2025. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

When did Interactive Strength IPO?

Interactive Strength (TRNR) raised $10 million in an initial public offering (IPO) on Friday, April 21st 2023. The company issued 1,500,000 shares at $6.00-$8.00 per share. Aegis Capital Corp. served as the underwriter for the IPO.

How do I buy shares of Interactive Strength?

Shares of TRNR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Interactive Strength own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Interactive Strength investors own include Ford Motor (F), NVIDIA (NVDA), Advanced Micro Devices (AMD), Enterprise Products Partners (EPD), Tilray Brands (TLRY), Tesla (TSLA) and Meta Platforms (META).

Company Calendar

• Last Earnings: 5/19/2025
• Today: 7/25/2025
• Next Earnings (Estimated): 8/13/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: LEISURE&REC SVS
• Sub-Industry: Electrical Equipment
• Current Symbol: NASDAQ:TRNR
• CIK: 1785056
• Web: formelife.com
• Phone: (310) 697-8655
• Fax: N/A
• Employees: 36
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Interactive Strength: $15.00
• High Price Target: $15.00
• Low Price Target: $15.00
• Potential Upside/Downside: +140.8%
• Consensus Rating: Strong Buy
• Rating Score (0-4): 4.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): ($7,629.5298)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$34.93 million
• Net Margins: -469.69%
• Pretax Margin: -469.74%
• Return on Equity: -445.35%
• Return on Assets: -81.73%

Debt

• Debt-to-Equity Ratio: 0.14
• Current Ratio: 0.54
• Quick Ratio: 0.39

Sales & Book Value

• Annual Sales: $5.38 million
• Price / Sales: 1.63
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $50.74 per share
• Price / Book: 0.12

Miscellaneous

• Outstanding Shares: 1,410,000
• Free Float: 1,409,000
• Market Cap: $8.78 million
• Optionable: Not Optionable
• Beta: 0.15