Interactive StrengthTRNR
TRNR
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
0
Funds holding %
of 7,323 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
251% more capital invested
Capital invested by funds: $67K [Q4 2024] → $235K (+$168K) [Q1 2025]
140% more funds holding
Funds holding: 5 [Q4 2024] → 12 (+7) [Q1 2025]
10.13% more ownership
Funds ownership: 2.61% [Q4 2024] → 12.74% (+10.13%) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$15
214%
upside
Avg. target
$15
214%
upside
High target
$15
214%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Maxim Group | 214%upside $15 | Buy Initiated | 9 Jul 2025 |
Financial journalist opinion
Neutral
Accesswire
3 weeks ago
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.
Neutral
Accesswire
4 weeks ago
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.
Neutral
Accesswire
1 month ago
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.
Neutral
Accesswire
1 month ago
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.
Neutral
Accesswire
1 month ago
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.
Neutral
Accesswire
1 month ago
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).
Neutral
Accesswire
1 month ago
Interactive Strength Inc. (Nasdaq:TRNR) Enters into $500 Million Facility to Acquire AI-focused $FET Tokens and Launch Crypto Treasury Asset Strategy
ATW Partners and DWF Labs invested $55 million in initial closing TRNR is expected to have the largest US publicly listed crypto treasury focused on an AI-token TRNR enters into technology collaboration with Fetch.ai to power its fitness training with AI technology AUSTIN, TX / ACCESS Newswire / June 11, 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 has entered into a Securities Purchase Agreement to raise up to $500 million, the net proceeds of which are expected to be used exclusively to acquire $FET tokens, a leading AI digital asset developed by Fetch.ai. This transaction is expected to result in TRNR having the largest publicly-listed crypto treasury focused on an AI-token.
Neutral
Accesswire
2 months ago
Interactive Strength Inc. (Nasdaq:TRNR) Shares New CEO Q&A Update Featuring TRNR and Wattbike CEO's
Top-to-Top Conversation Details Further Integration Planning Following Strong Q1 Earnings Report AUSTIN, TEXAS / ACCESS Newswire / May 23, 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 the publication of a shareholder update and Q&A conversation with TRNR Founder & CEO Trent Ward and Wattbike CEO Stephen Loftus. The candid discussion - now available on the Company's investor website - provides new details on the companies' integration progress, how Wattbike and Sportstech will collaborate on go-to-market planning in the UK and US, tech and data advantages that both bring to each other and TRNR, and cross-channel selling including on Amazon.
Neutral
Accesswire
2 months ago
Interactive Strength Inc. (Nasdaq:TRNR) Updates FAQ's In Response To Additional Shareholder Questions
AUSTIN, TEXAS / ACCESS Newswire / May 21, 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 around its AGM date and other corporate actions. For more commentary, information and details on the rationale for and structure of the expected acquisitions, 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).
Neutral
Accesswire
2 months ago
Interactive Strength Inc. (Nasdaq:TRNR) Reiterates $75M Guidance, Expected Profitability in Q4 on Adjusted EBITDA Basis Due to Pending Sportstech, Wattbike Deals
Company Updates Investor Presentation to Reflect Strong Q1 Earnings, More than $20M in Pro Forma Revenue and 15% Increase in 2025 Pro Forma Revenue Guidance AUSTIN, TEXAS / ACCESS Newswire / May 20, 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 updated its investor presentation showing 2025 pro forma revenue guidance increasing by 15% to more than $75M. TRNR's Q1 shareholder letter can also be found on the Company's website for a summary of the recent developments.
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