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Upturn stock rating
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Interactive Strength Inc. Common Stock (TRNR)

Upturn stock rating
$3.23
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

10/15/2025: TRNR (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

1 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $11.5

1 Year Target Price $11.5

Analysts Price Target For last 52 week
$11.5 Target price
52w Low $2.81
Current$3.23
52w High $201

Analysis of Past Performance

Type Stock
Historic Profit 0%
Avg. Invested days 0
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/15/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 6.36M USD
Price to earnings Ratio -
1Y Target Price 11.5
Price to earnings Ratio -
1Y Target Price 11.5
Volume (30-day avg) 1
Beta 0.21
52 Weeks Range 2.81 - 201.00
Updated Date 10/17/2025
52 Weeks Range 2.81 - 201.00
Updated Date 10/17/2025
Dividends yield (FY) -
Basic EPS (TTM) 17152.49

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -469.57%

Management Effectiveness

Return on Assets (TTM) -22.98%
Return on Equity (TTM) -259.9%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 60943034
Price to Sales(TTM) 0.91
Enterprise Value 60943034
Price to Sales(TTM) 0.91
Enterprise Value to Revenue 8.74
Enterprise Value to EBITDA -0.23
Shares Outstanding 2079513
Shares Floating 1546926
Shares Outstanding 2079513
Shares Floating 1546926
Percent Insiders -
Percent Institutions 1.88

ai summary icon Upturn AI SWOT

Interactive Strength Inc. Common Stock

stock logo

Company Overview

overview logo History and Background

Interactive Strength Inc., operating under the brand name Forme, was founded to provide connected fitness solutions combining strength training equipment with virtual personal training. The company went public through a SPAC merger. It is focused on building a premium brand in the connected fitness space.

business area logo Core Business Areas

  • Connected Fitness Equipment: Sale of connected fitness equipment, including the Forme Studio and Forme Studio Lift. This equipment incorporates technology for virtual personal training.
  • Subscription Services: Recurring revenue from subscription services that provide access to live and on-demand fitness classes and personal training.

leadership logo Leadership and Structure

The leadership team includes Trent A. Ward (CEO) and other key executives overseeing operations, technology, and marketing. The organizational structure is typical of a publicly traded company with a board of directors and various functional departments.

Top Products and Market Share

overview logo Key Offerings

  • Forme Studio: A connected fitness mirror providing access to strength training, cardio, yoga, and other workouts. Market share information for this specific product is not readily available. Competitors include Tonal, Mirror (Lululemon), and Tempo.
  • Forme Studio Lift: An all-in-one connected fitness machine combining strength training with personalized guidance. Market share information for this specific product is not readily available. Competitors include Tonal and other smart home gym systems.

Market Dynamics

industry overview logo Industry Overview

The connected fitness industry is experiencing growth driven by increasing consumer interest in at-home workouts and personalized fitness experiences. The industry is competitive, with several established players and new entrants.

Positioning

Interactive Strength aims to position itself as a premium brand within the connected fitness market, focusing on high-quality equipment and personalized training experiences. Its competitive advantage lies in its integrated hardware and software platform.

Total Addressable Market (TAM)

The global connected fitness market is projected to reach billions of dollars. Forme's position in the premium segment allows it to target a specific portion of the overall TAM. Specific TAM value depends on the source and date of the market research. Forme is positioned to capture a significant share of the premium connected fitness segment, but its overall TAM penetration is still developing.

Upturn SWOT Analysis

Strengths

  • Premium Brand Image
  • Integrated Hardware and Software Platform
  • Personalized Training Experience
  • Innovative Product Design

Weaknesses

  • High Price Point
  • Limited Brand Awareness Compared to Larger Competitors
  • Dependence on Subscription Revenue
  • Relatively New Company

Opportunities

  • Expansion into New Geographies
  • Partnerships with Luxury Brands and Fitness Studios
  • Development of New Product Categories
  • Increasing Adoption of Connected Fitness Solutions

Threats

  • Intense Competition
  • Economic Downturn Affecting Consumer Spending
  • Changes in Consumer Preferences
  • Supply Chain Disruptions

Competitors and Market Share

competitor logo Key Competitors

  • PTON
  • LULU
  • ATHA

Competitive Landscape

Interactive Strength faces intense competition from established players with greater brand recognition and financial resources. It needs to differentiate itself through product innovation, superior customer service, and effective marketing.

Growth Trajectory and Initiatives

Historical Growth: Historical growth trends are dependent on the company's publicly available financial data. Track the increase or decrease in revenue, subscriber numbers, and other key metrics.

Future Projections: Future projections are typically based on analyst estimates and company guidance. These projections include revenue growth, profitability, and market share forecasts. These should be extracted from reputable financial analyst reports.

Recent Initiatives: Recent initiatives include product launches, partnerships, marketing campaigns, and strategic acquisitions.

Summary

Interactive Strength Inc. (Forme) is a relatively new player in the connected fitness market. It aims to differentiate itself with premium products and personalized training. Its high price point and limited brand awareness are significant challenges. Successfully scaling its subscriber base and managing cash flow will be crucial for long-term success.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company SEC Filings (10-K, 10-Q)
  • Market Research Reports
  • Financial News Articles
  • Analyst Reports

Disclaimers:

This analysis is based on publicly available information and is intended for informational purposes only. It does not constitute financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Interactive Strength Inc. Common Stock

Exchange NASDAQ
Headquaters Austin, TX, United States
IPO Launch date 2023-04-28
Co-Founder, Chairperson, CEO & Secretary Mr. Trent Alexander Ward
Sector Consumer Cyclical
Industry Personal Services
Full time employees 26
Full time employees 26

Interactive Strength Inc., together with its subsidiaries, develops and sells specialty fitness equipment and virtual training for the commercial and at-home markets in the United States, Europe, and Asia. The company offers vertical climbing equipment and a digital training platform under the CLMBR brand; and hardware and digital fitness services under the FORME brand. It also provides Forme Studio, a fitness mirror; and Forme Studio Lift, a fitness mirror and cable-based digital resistance. In addition, the company offers video on-demand classes, personal training, and expert health coaching services. Further, it provides FORME Golf, a performance training program focused on helping golfers. The company sells its products through retail stores and online. Interactive Strength Inc. was incorporated in 2017 and is headquartered in Austin, Texas.