EN DE

Interactive Strength Inc. Common Stock (TRNR) Fair Value & Analysis

Consumer Cyclical · US · Market cap $1.3M · ISIN US45840Y3027

What is Interactive Strength Inc. Common Stock really worth?

IS Interactive Strength Inc. Common Stock logo Interactive Strength Inc. Common Stock TRNR · US
Price$2.90
Fair Value$1.56
Upside−46.0%
Quality20/100

Below-average quality, and trading another 85% above our fair value of $1.56.

Watch Interactive Strength Inc. Common Stock for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free

Risks

!Mixed Growth (revenue 3y +156.8 %/yr)
!Loss-making · -183.5% net margin
!negative free cash flow
!Trails peers (3/9)
!Narrow moat 0/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range $1.16 – $2.33

Fair value as of: Jul 21, 2026

From 1 valuation models · updated 45 days ago

Share price −18.4% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case ($2.33). The favourable scenario is already priced in.
  • Weak quality (20/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range ($1.16 to $2.33) leaves room in how you read the outcome.

Price vs Fair Value (3 years)

$1,000,000 $2.58 Fair Value $1.56 Apr 2023 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

40‑month range $2.58 – $1,000,000 · fair‑value band $1.16 – $2.33 · the $2.90 price screens above the $1.56 fair value. Dashed = 300-day average. As of Jul 21, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Interactive Strength Inc. Common Stock (TRNR) currently trades at $2.90, while our model-based Fair Value estimate is $1.56, implying the stock looks roughly 85.3% overvalued today. The Quality Score stands at 20/100 (below-average quality), in the Consumer Cyclical sector. How firm this estimate is: it rests on 1 models at a data quality of 95/100, which puts the evidence level at low.

Trailing-twelve-month revenue stands at $15.3M. Revenue grew 279.1% year over year. Net debt stands at $20.1M. Fundamentals as of Jul 21, 2026

Our scenario range runs from $1.16 (bear case) to $2.33 (bull case); at $2.90, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Consumer Cyclical peers we cover trades at −11% fair-value upside, at −46%, TRNR screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
NCAV (Graham) best evidence $1.37 $1.84 $2.74 51
All 1 models by family
Asset-Based
NCAV (Graham) best evidence $1.37 $1.84 $2.74 51

Notify me when TRNR reaches fair value

Put TRNR on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Free, no payment details. Unsubscribe anytime in one click.

Key figures & financial health

P/S ratio 0.09 TTM
EPS (TTM) $−8.43
Net margin −184% TTM
Return on equity −259% TTM
Return on assets (EBIT) −169% avg 5y
Operating margin −77.6% TTM
More key figures
Growth
Revenue (TTM) $15.3M TTM
Revenue growth (YoY) +279% 3y avg +157%
Balance sheet & cash flow
Free cash flow −$10.5M FY2025
Net debt $20.1M FY2025

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 20/100

Of which business quality 20 · Market factors (momentum, volatility) 15

Profitability 2
Margins and returns on capital today
Quality Growth 99
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 3
Balance sheet, leverage, solvency risk
Investment 50
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 2
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

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.

Full company description

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; indoor bikes that set the global standard in cycling under the Wattbike brand name; 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. Interactive Strength Inc. was incorporated in 2017 and is headquartered in Austin, Texas.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Interactive Strength Inc. Common Stock reported revenue of $11.5M in FY2025 versus $323K in FY2021, a compound +144.4%/yr. Reported net income was −$24.0M in FY2025.

Growth Quality 34/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
$11.5M
Latest YoY
+114.3%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+156.8%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +144.4%/yr
FY21 $323K
FY22 $681K
FY23 $962K
FY24 $5.4M
FY25 $11.5M
Net income
FY21 −$32.8M
FY22 −$58.2M
FY23 −$51.4M
FY24 −$34.9M
FY25 −$24.0M

TRNR screens 85% overvalued. Compare with Rollins, Inc →

Share or link this analysis
𝕏 Post WhatsApp LinkedIn Reddit
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Interactive Strength Inc. Common Stock Fair Value". https://www.fairvalue-calculator.com/stock/TRNR

Peer Group

Personal Services · 39 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 20 · Bottom 25%
Fair Value upside −46% · Below median
Return on assets −22% · Bottom 25%
Net margin (TTM) −184% · Bottom 25%
Operating margin (TTM) −78% · Bottom 25%
Revenue growth 279% · Top 25%

Valuation Multiples vs Personal Services median · lower = cheaper

P/B 0.20× · Cheaper than 75% of peers
P/S (TTM) 0.09× · Cheaper than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 17
FUTURE100 · sector 21
PAST0 · sector 34
HEALTH0 · sector 91
DIVIDEND0 · sector 64

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Personal Services stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
Rollins, Inc ROL $35.94 $21.11 −41%
Service Corporation SCI $81.43 $38.27 −53%
Frontdoor, Inc FTDR $82.59 $73.81 −11%
H&R Block, Inc HRB $52.67 $78.30 +49%
Bright Horizons Family Solutions Inc BFAM $70.29 $62.41 −11%
Fu Shou Yuan International Group 1448 HK$2.64 HK$4.22 +60%
CEWE Stiftung & Co CWC €96.00 €157.28 +64%
Lungyen Life Service Corporation 5530 51.20 TWD 31.33 TWD −39%
Carriage Services, Inc CSV $34.26 $27.81 −19%
Musti Group MUSTI €15.10 €14.08 −7%

Compare Interactive Strength Inc. Common Stock with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screener Filter by region, size and sector Compare tool Two stocks side by side Extrinsic Value Calculator (Options) Splits an option premium into intrinsic and extrinsic (time) value. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is Interactive Strength Inc. Common Stock (TRNR) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of $1.56 versus a price of $2.90, about −46% upside (overvalued).
What is the fair value of TRNR?
Our model-based fair value for Interactive Strength Inc. Common Stock is $1.56 (as of Jul 21, 2026), built from audited fundamentals. The current price: $2.90.
What is the quality score of TRNR?
Interactive Strength Inc. Common Stock has a Quality Score of 20/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Interactive Strength Inc. Common Stock (TRNR)?
Interactive Strength Inc. Common Stock reported trailing-twelve-month revenue of about $15.3M (latest available figure, as of Jul 21, 2026).
What is the net profit margin of TRNR?
The net profit margin of Interactive Strength Inc. Common Stock is about −183.5%, meaning it is currently running at a net loss. Based on the latest reported figures.
Free · no account needed

Watch Interactive Strength Inc. Common Stock in the live analysis

One click puts Interactive Strength Inc. Common Stock on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.