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Interactive Strength Inc. Common Stock (TRNR)



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Upturn Advisory Summary
04/01/2025: TRNR (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit 0% | Avg. Invested days 0 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 2.24M USD | Price to earnings Ratio - | 1Y Target Price 60 |
Price to earnings Ratio - | 1Y Target Price 60 | ||
Volume (30-day avg) 25500967 | Beta - | 52 Weeks Range 0.86 - 1100.00 | Updated Date 02/26/2025 |
52 Weeks Range 0.86 - 1100.00 | Updated Date 02/26/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -4516 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) -1235.43% |
Management Effectiveness
Return on Assets (TTM) -79.19% | Return on Equity (TTM) -1616.56% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 14167260 | Price to Sales(TTM) 0.58 |
Enterprise Value 14167260 | Price to Sales(TTM) 0.58 | ||
Enterprise Value to Revenue 4.46 | Enterprise Value to EBITDA -0.23 | Shares Outstanding 625067 | Shares Floating 39212 |
Shares Outstanding 625067 | Shares Floating 39212 | ||
Percent Insiders 0.44 | Percent Institutions 0.45 |
Analyst Ratings
Rating 5 | Target Price 12 | Buy - | Strong Buy 1 |
Buy - | Strong Buy 1 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Interactive Strength Inc. Common Stock
Company Overview
History and Background
Interactive Strength Inc. (TRNR), formerly FORME Holdings, Inc., was founded in 2017. It focuses on connected strength training equipment and digital fitness content. They started shipping products in 2020.
Core Business Areas
- Connected Fitness Equipment: Designs, develops, and sells connected fitness equipment like the FORME Studio, which provides personalized strength training experiences at home.
- Subscription Content: Offers subscription-based digital fitness content, including live and on-demand classes led by certified trainers.
Leadership and Structure
Chris Stadler is the Chairman and CEO. The company has a typical corporate structure with departments for engineering, marketing, sales, and operations.
Top Products and Market Share
Key Offerings
- FORME Studio: A connected fitness mirror that provides strength training workouts. While specific market share data is limited, it competes with Tonal and Tempo. Competitors: Tonal, Tempo, Peloton (strength training offerings).
- Subscription Services: Offers access to live and on-demand fitness classes. Revenue from subscriptions is a key source of income. Competitors: Peloton, iFIT, Apple Fitness+.
Market Dynamics
Industry Overview
The connected fitness market is experiencing growth, driven by demand for at-home workout solutions. Competition is intense, with established players and new entrants.
Positioning
Interactive Strength Inc. is positioned as a premium provider of connected strength training solutions, focusing on design and personalized training experiences. It aims to stand out through its integrated hardware and software ecosystem.
Total Addressable Market (TAM)
The global connected fitness market is estimated to be hundreds of billions. TRNR's TAM is focused on the premium segment of the market. They are attempting to capture market share by offering a premium product.
Upturn SWOT Analysis
Strengths
- Innovative product design
- Integrated hardware and software ecosystem
- Experienced leadership team
- Strong brand image in the premium segment
Weaknesses
- Limited brand awareness compared to larger competitors
- High price point may limit market reach
- Reliance on subscription revenue stream
- Unproven long-term customer retention
Opportunities
- Expansion into new product categories
- Partnerships with health and wellness brands
- Growth in the connected fitness market
- International expansion
Threats
- Increased competition from larger players
- Economic downturn impacting consumer spending
- Changes in consumer preferences for fitness solutions
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- Peloton Interactive, Inc. (PTON)
- iFIT Health & Fitness Inc. (IFIT)
- Tonal Systems, Inc. (Private)
- Tempo (Private)
Competitive Landscape
Interactive Strength Inc. competes in a crowded market with established players. Its competitive advantage lies in its premium design and integrated ecosystem, but it faces challenges in terms of brand awareness and price sensitivity.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth data is limited due to the relatively recent launch of its products and their entry into the stock market.
Future Projections: Future growth is dependent on successful product development, marketing, and sales execution. Analyst projections vary based on assumptions about market adoption and competition.
Recent Initiatives: Recent initiatives include expanding distribution channels, introducing new content offerings, and improving the user experience of its platform.
Summary
Interactive Strength Inc. offers innovative connected strength training equipment with a premium design and integrated software. The company faces strong competition and needs to increase brand awareness and manage costs effectively. Its future success depends on its ability to capture a larger share of the connected fitness market. Recent growth is promising, but profitability remains a key challenge.
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Sources and Disclaimers
Data Sources:
- SEC filings
- Company website
- Industry reports
- Analyst reports
Disclaimers:
This analysis is based on available information and is not financial advice. Market conditions can change rapidly, and investors should conduct their own due diligence.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
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 36 | Website https://formelife.com |
Full time employees 36 | Website https://formelife.com |
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.
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