Interactive Strength Inc. (TRNR)
| Market Cap | 12.31M |
| Revenue (ttm) | 973,000 |
| Net Income (ttm) | -58.78M |
| Shares Out | 14.31M |
| EPS (ttm) | -30.23 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 13,729 |
| Open | 0.887 |
| Previous Close | 0.900 |
| Day's Range | 0.860 - 0.890 |
| 52-Week Range | 0.840 - 7.138 |
| Beta | n/a |
| Analysts | Strong Buy |
| Price Target | 12.00 (+1,295.35%) |
| Earnings Date | Feb 2, 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]
Financial Performance
In 2022, TRNR's revenue was $681,000, an increase of 110.84% compared to the previous year's $323,000. Losses were -$58.23 million, 77.3% more than in 2021.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for TRNR stock is "Strong Buy" and the 12-month stock price forecast is $12.0.
News
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 ...
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
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...
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...
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...
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...
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 ...
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...
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...
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.
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...
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...
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...
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...
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 ...
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...
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
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...
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...
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...
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 ...
Interactive Strength Inc. d/b/a FORME Announces Pricing of $12 Million Initial Public Offering
AUSTIN, TX, April 27, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Interactive Strength Inc. (FORME) announced today the pricing of its initial public offering of an aggregate of 1,500,000 shares of it...
Pumped up: Connected fitness equipment brand Interactive Strength files for a $17 million IPO
Interactive Strength, which sells connected home fitness equipment and personal training classes, filed on Tuesday with the SEC to raise up to $17 million in an initial public offering.
Forme IPO Registration Document (S-1)
Forme has filed to go public with an IPO on the NASDAQ.