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: $2.95 to $3.25
• 50-Day Range: $2.53 to $18.40
• 52-Week Range: $2.50 to $4,760.00
• Volume: 400,410 shs
• Average Volume: 347,552 shs
• Market Capitalization: $2.04 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Interactive Strength Stock Analysis - MarketRank™

Interactive Strength scored higher than 8% 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: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Interactive Strength.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Interactive Strength are expected to grow in the coming year, from ($1,616.00) to ($598.00) per share.

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.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

50.62% 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 increased by 297.91%, indicating that investor sentiment is decreasing 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

50.62% 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 increased by 297.91%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.68

News Sentiment

Interactive Strength has a news sentiment score of 0.68. 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 news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Interactive Strength this week, compared to 0 articles on an average week.

Search Interest

7 people have searched for TRNR on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.

MarketBeat Follows

1 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 1.10% 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 $3,440.00 at the start of the year. Since then, TRNR stock has decreased by 99.9% and is now trading at $3.24.
View the best growth stocks for 2024 here.

When did Interactive Strength's stock split?

Interactive Strength's stock reverse split before market open on Friday, June 14th 2024. The 1-40 reverse split was announced on Friday, June 14th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Friday, June 14th 2024. An investor that had 100 shares of stock prior to the reverse split would have 3 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 a price of $6.00-$8.00 per share. Aegis Capital Corp. acted 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.
Compare Top Brokerages Here.

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 (TLRY), Tesla (TSLA) and Meta Platforms (META).

Company Calendar

• Today: 12/18/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Electronic, electrical equipment & components, except computer equipment
• Sub-Industry: Electrical Equipment
• Current Symbol: NASDAQ:TRNR
• CUSIP: N/A
• CIK: 1785056
• Web: formelife.com
• Phone: (310) 697-8655
• Fax: N/A
• Employees: 36
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($7,629.5303)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-51,370,000.00
• Net Margins: -1,275.51%
• Pretax Margin: -1,275.51%
• Return on Equity: N/A
• Return on Assets: -123.15%

Debt

• Debt-to-Equity Ratio: 0.69
• Current Ratio: 0.39
• Quick Ratio: 0.21

Sales & Book Value

• Annual Sales: $960,000.00
• Price / Sales: 1.98
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($1,564.82) per share
• Price / Book: 0.00

Miscellaneous

• Outstanding Shares: 630,000
• Free Float: 618,000
• Market Cap: $1.90 million
• Optionable: Not Optionable
• Beta: -0.77