Interactive Strength

TRNR

Market cap $5.61M

Overview Fund Activity

3.49 USD

-0.06

1.69%

At close Updated Sep 12, 4:00 PM EDT

Pre-market

After hours

3.62

+0.13

3.72%

1 day

-1.69%

5 days

9.75%

1 month

-18.65%

3 months

-56.7%

6 months

-75.42%

Year to date

-87.88%

1 year

-98.89%

5 years

-100%

10 years

-100%

About: Interactive Strength Inc provides an integrated home fitness platform that allows its customers to participate in interactive wellness and strength-based training sessions. Its health coaching services encompass guidance and coaching on nutrition, recovery, sleep, and other health and lifestyle categories. The company generates revenue from sales of its connected fitness products, membership revenue, and personal training revenue.

Employees: 26

Consumer Discretionary Personal Services

0

Funds holding %

of 7,462 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

1.1% less ownership

Funds ownership: 1.27% [Q1] → 0.17% (-1.1%) [Q2]

55% less funds holding

Funds holding: 11 [Q1] → 5 (-6) [Q2]

57% less capital invested

Capital invested by funds: $235K [Q1] → $100K (-$135K) [Q2]

75% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 4

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 6

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Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$15

330% upside

Avg. target

$15

330% upside

High target

$15

330% upside

1 analyst rating

1 positive

100%

0 neutral

0%

0 negative

0%

Maxim Group

$15

Buy

Initiated

9 Jul 2025

See Analyst Rankings

Financial journalist opinion

Interactive Strength Inc. (Nasdaq:TRNR) Updates FAQ's About Increased Guidance to $80M Pro Forma Revenue, Sportstech and TRNR's $50M Digital Asset Treasury

AUSTIN, TX / ACCESS Newswire / September 11, 2025 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the Wattbike, CLMBR and FORME brands and pending acquirer of Sportstech, today announced that it has updated its investor FAQ's on its investor website in response to shareholder questions about its increased guidance, recently announced Sportstech results and upcoming AGM proposals. For more commentary, information and details on the rationale for and structure of the expected acquisition, please see TRNR's investor presentation on the Company's investor website as well as its required filings with the US Securities & Exchange Commission (SEC).

Interactive Strength Inc. (Nasdaq:TRNR) Updates FAQ's About Increased Guidance to $80M Pro Forma Revenue, Sportstech and TRNR's $50M Digital Asset Treasury

Interactive Strength Inc. (Nasdaq:TRNR) Investment Drives Sportstech's Accelerating Growth, with 45% Revenue Growth in August

Current FX rates indicate that the LTM August 2025 Revenue would be approximately $58M with $6M in EBITDA Sportstech announced May to August 2025 revenue growth of 20% YOY TRNR Investment in Sportstech working capital is accelerating growth for the pending acquisition, with full-year 2025 Revenue growth expected to exceed 30% Strong Business Momentum and Profitable Growth Reinforces Underscore Target's Operational Strength and Logic of Acquisition in advance of Closing AUSTIN, TEXAS / ACCESS Newswire / September 4, 2025 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the Wattbike, CLMBR and FORME brands, today provided an update to its shareholders about the recently released results of Sportstech Brands Holding GmbH ("Sportsech"), its pending acquisition target. Earlier today, Sportstech announced 45% YOY revenue growth for August 2025, as well as last twelve month ("LTM") performance through August 2025, equaling approximately $58M in revenue and $6M in positive EBITDA at current FX rates (reported in local currency as €50M in LTM Revenue and €5M in LTM EBITDA).

Interactive Strength Inc. (Nasdaq:TRNR) Investment Drives Sportstech's Accelerating Growth, with 45% Revenue Growth in August

Interactive Strength Inc. (Nasdaq:TRNR) Reports Second Quarter 2025 Results; Increases 2025 Pro Forma Revenue Guidance to More Than $80M

Company Reports Quarterly Revenue of $1.2 Million; Net Loss and Loss per Diluted Share of $2.2 Million and $2.13 Quarterly Adjusted EBITDA Loss of $1.7 Million Reflects 40% YOY Improvement TRNR held 29.6 Million FET tokens as of June 30, 2025 and 67.4 Million FET tokens as of August 13, 2025, with a value in excess of $50 million, representing the largest publicly traded AI-focused Digital Asset Treasury Stockholders' Equity Was $16.3 Million at Quarter End 2025 Pro Forma Revenue Guidance Increased to more than $80 Million, driven by Sportstech's Stronger-Than-Expected Performance, and Fourth Quarter Profitability Guidance Reiterated AUSTIN, TEXAS / ACCESS Newswire / August 14, 2025 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the Wattbike, CLMBR and FORME brands, and the pending acquirer of Sportstech, today announced financial results for its second quarter ended June 30, 2025. Quarterly Financial Highlights For the quarter, TRNR reported revenue of $1.2 million, a net loss of $2.2 million - or $2.13 per diluted share - and an Adjusted EBITDA loss of approximately $1.7 million (non‑GAAP).

Interactive Strength Inc. (Nasdaq:TRNR) Reports Second Quarter 2025 Results; Increases 2025 Pro Forma Revenue Guidance to More Than $80M

Interactive Strength Inc. (Nasdaq: TRNR) to Release Second-Quarter 2025 Results on Thursday, August 14

AUSTIN, TEXAS / ACCESS Newswire / August 5, 2025 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the CLMBR, FORME and Wattbike brands and pending acquirer of Sportstech, today announced it will release financial results for its second quarter ended June 30, 2025 before the market opens on Thursday, August 14, 2025. Following the filing of its Form 10-Q, the Company as usual will publish a shareholder letter that discusses the results and business outlook.

Interactive Strength Inc. (Nasdaq: TRNR) to Release Second-Quarter 2025 Results on Thursday, August 14

Interactive Strength Inc. (Nasdaq: TRNR) Receives "Buy" Rating and $15 Price Target in Maxim Group Research Initiation

First comprehensive sell-side report on TRNR cites more than 800% growth in expected 2025 revenue Valuation driven by stock-for-stock M&A model and potential crypto-treasury upside AUSTIN, TEXAS / ACCESS Newswire / July 9, 2025 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the Wattbike, CLMBR and FORME brands and pending acquirer of Sportstech, today announced that Maxim Group LLC, a leading New-York-based investment bank, has initiated equity research coverage on TRNR with a "Buy" recommendation and a price target of $15.00 per share, based on its independent assessment of the Company's potential operating performance and valuation relative to peers. The inaugural report was authored by Thomas Forte, CFA, Managing Director & Senior TMT Analyst, following several months of due diligence on TRNR's specialty-fitness roll-up strategy and AI-focused Digital Asset Treasury Strategy.

Interactive Strength Inc. (Nasdaq: TRNR) Receives "Buy" Rating and $15 Price Target in Maxim Group Research Initiation

Interactive Strength Inc. (Nasdaq: TRNR) Completes Acquisition of Wattbike, Creating a Diversified Global Fitness Platform on Track for More than $75 Million in Pro Forma 2025 Revenue

Wattbike acquisition is the latest milestone in transformational strategy and the Sportstech acquisition is on track to close in the third quarter TRNR confirms guidance of more than $75 million in pro forma 2025 revenue and profitability in fourth quarter TRNR's $55 million Digital Asset Treasury is actively purchasing $FET cryptocurrency AUSTIN, TX AND NOTTINGHAM, UK / ACCESS Newswire / July 1, 2025 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands and pending acquirer of Sportstech, today announced that it has completed its previously announced all-stock acquisition of Wattbike, the pioneering indoor performance training bike business trusted by elite athletes and fitness enthusiasts worldwide, which has cumulatively sold more than 100,000 bikes. The closing follows the approval on June 18, 2025 from the UK Financial Conduct Authority and the satisfaction of all material conditions of the binding transaction agreement signed in April 2025.

Interactive Strength Inc. (Nasdaq: TRNR) Completes Acquisition of Wattbike, Creating a Diversified Global Fitness Platform on Track for More than $75 Million in Pro Forma 2025 Revenue

Interactive Strength Inc. (Nasdaq:TRNR) Announces 1-for-10 Reverse Split

Reverse Split Becomes Effective Friday, June 27, 2025 Shareholder- and Board-Approved Action Reduces Shares Outstanding to 1.4 million from 13.9 million, Expected to Ensure Continued Compliance with Nasdaq Listing Requirements AUSTIN, TEXAS / ACCESS Newswire / June 25, 2025 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or "the Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands and pending acquirer of Sportstech and Wattbike, today announced that it will conduct a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-10. The reverse stock split will become effective on June 27, 2025, and the Company's common stock will begin trading on a post-split basis at the market open on June 27, 2025, under the Company's existing trading symbol "TRNR", with the new CUSIP number, 45840Y401.

Interactive Strength Inc. (Nasdaq:TRNR) Announces 1-for-10 Reverse Split

Interactive Strength Inc. (Nasdaq:TRNR) Expects to Complete Wattbike Acquisition Imminently After Receiving UK Regulatory Approval

Regulatory Approval by the UK Financial Conduct Authority was Key Requirement for Transaction Timing Minimal Conditions Remain for Deal Completion; Closing Expected in July, 2025 AUSTIN, TX AND NOTTINGHAM, UK / ACCESS Newswire / June 18, 2025 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or the "Company") today announced that it has received formal approval from the UK Financial Conduct Authority ("FCA") for its previously-announced acquisition of Wattbike, the UK-based, omni-channel, connected, indoor-performance bike business, and that it expects to complete the acquisition in July, 2025. The FCA's approval satisfies a key condition for the closing of the acquisition, which is expected to significantly expand Interactive Strength Inc.'s presence in the global fitness market, particularly in the UK, and enhance its product offerings with a leading indoor-performance bike offering.

Interactive Strength Inc. (Nasdaq:TRNR) Expects to Complete Wattbike Acquisition Imminently After Receiving UK Regulatory Approval

Interactive Strength Inc. (Nasdaq:TRNR) Closes Initial $55 Million Investment for Crypto Treasury Strategy and Begins Acquiring $FET

TRNR is expected to have the largest US publicly listed crypto treasury focused on an AI-token TRNR began acquiring $FET in the open market over the weekend ATW Partners and DWF Labs invested $55 million in initial closing AUSTIN, TX / ACCESS Newswire / June 16, 2025 / Interactive Strength Inc. (Nasdaq:TRNR), maker of innovative specialty fitness equipment under the CLMBR and FORME brands and pending acquirer of Sportstech and Wattbike, today announced that it closed on the initial $55 million investment for its crypto treasury strategy on Friday, June 13th and began acquiring $FET tokens in the open market over the weekend, due to crypto's 24/7 trading, through its custodian, BitGo. TRNR will continue to acquire $FET in the open market with the remaining net proceeds of the initial funding, and with any net proceeds from additional fundings from the $500 million facility as they are closed.

Interactive Strength Inc. (Nasdaq:TRNR) Closes Initial $55 Million Investment for Crypto Treasury Strategy and Begins Acquiring $FET

Interactive Strength Inc. (Nasdaq:TRNR) Updates FAQ's About $500M AI-focused $FET Treasury Strategy

AUSTIN, TX / ACCESS Newswire / June 13, 2025 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands and pending acquirer of Sportstech and Wattbike, today announced that it has updated its investor FAQ's on its investor website in response to shareholder questions on the recent announcement about its AI-focused $FET Treasury strategy. For more commentary, information and details on the rationale for and structure of the expected acquisition, please see TRNR's investor presentation on the Company's investor website as well as its required filings with the US Securities & Exchange Commission (SEC).

Interactive Strength Inc. (Nasdaq:TRNR) Updates FAQ's About $500M AI-focused $FET Treasury Strategy

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