TRNR Provides Commercial Update on FORME PGA Show Appearance, Golf & College Verticals, Wattbike Synergies
Rhea-AI Summary
Interactive Strength (Nasdaq:TRNR) published a commercial update dated February 24, 2026 describing expanded, integrated activities across its FORME and Wattbike brands and growth efforts targeting the golf and college verticals.
The company said these initiatives emphasize cross-brand integration and commercial expansion; shareholders are directed to the investor relations homepage for a detailed description.
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News Market Reaction – TRNR
On the day this news was published, TRNR gained 4.97%, reflecting a moderate positive market reaction. Argus tracked a peak move of +21.8% during that session. Our momentum scanner triggered 10 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $62K to the company's valuation, bringing the market cap to $1M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
TRNR is down 9.84% with peers showing mixed but generally weak action: CLIK down about 3–4%, WBUY down about 3%, while MRM is modestly up. With 2 peers also moving down, this aligns partly with broader sector pressure.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 23 | Guidance update | Positive | -9.8% | Raised 2026 pro forma revenue guidance by 50% to more than $30M. |
| Feb 20 | CEO strategic letter | Negative | -44.5% | Discussed reverse split, loan enforcement, and path forward post-deal. |
| Feb 20 | Reverse stock split | Negative | -44.5% | Announced 1-for-10 reverse split to regain Nasdaq bid-price compliance. |
| Feb 18 | Ergatta acquisition | Positive | +5.4% | Signed Ergatta deal, boosting 2026 pro forma revenue guidance above $30M. |
| Feb 10 | Litigation announcement | Positive | +15.6% | Filed lawsuits and set March 11, 2026 auction of all Sportstech shares. |
Recent news has mostly seen price moves that align with the perceived tone: positive acquisition and legal actions saw gains, while reverse-split and capital-structure updates coincided with sharp declines. The lone clear divergence was a guidance-increase update that was followed by a selloff.
Over February 2026, TRNR announced an Ergatta acquisition that lifted 2026 pro forma revenue guidance by 50% to more than $30 million, alongside related 8-K disclosures and capital-structure actions. A 1-for-10 reverse split and financing updates coincided with steep declines. Legal steps against Sportstech and an auction announcement previously saw a double-digit gain. Today’s commercial update sits atop this backdrop of M&A-driven growth targets, financing activity, and share consolidation.
Regulatory & Risk Context
The company has an effective Form S-3 shelf registration, amended on Jan 16, 2026, with at least one recent usage via a 424B5 prospectus supplement for an at-the-market program. The latest amendment mainly added an auditor consent and updated offering-related expenses and indemnification disclosures.
Market Pulse Summary
This announcement highlights TRNR’s efforts to build commercial momentum by integrating the FORME and Wattbike brands and expanding into golf and college verticals, following its broader connected-fitness strategy. Investors may weigh this branding and channel update alongside prior Ergatta acquisition plans, the 50% lift to 2026 pro forma revenue guidance above $30M, ongoing ATM usage, and the recent reverse split. Future updates on revenue traction and capital needs will be important reference points.
AI-generated analysis. Not financial advice.
AUSTIN, TEXAS / ACCESS Newswire / February 24, 2026 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the Wattbike, CLMBR and FORME brands, today published a commercial update on activities across the FORME and Wattbike brands and their expansion in both the golf and college verticals. Shareholders can find the detailed description of increasingly integrated brand activities on the IR homepage or at https://interactivestrength.com/commercial-update-forme-wattbike-pga/
TRNR Investor Contact
About Interactive Strength Inc.:
Interactive Strength Inc. (Nasdaq:TRNR) has established a leading portfolio of premium fitness brands - Wattbike, CLMBR, and FORME - that combine advanced hardware, smart technology, and immersive content to deliver exceptional training experiences for both commercial and home use.
Wattbike offers a range of high-performance indoor bikes that set the global standard in cycling. Known for unmatched accuracy, realistic ride feel, and advanced performance tracking, Wattbike is trusted by elite athletes, national teams, and fitness enthusiasts around the world.
CLMBR redefines the next-generation vertical climbing experience through its patented open-frame design and immersive touchscreen, delivering a high-intensity, low-impact workout that's both efficient and effective.
FORME delivers strength, mobility, and recovery training through immersive content, performance-grade hardware, and expert coaching. Its wall-mounted systems include the Studio, a smart fitness mirror for guided programming and live 1:1 personal training, and the Lift, which adds smart resistance cable training-ideal for high-performance environments and sport-specific development.
From elite performance to everyday wellness, our ecosystem of performance-focused solutions delivers data-driven outcomes for athletes, fitness enthusiasts, and commercial operators.
Forward Looking Statements:
This press release includes certain statements that are "forward-looking statements" for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements do not relate strictly to historical or current facts and reflect management's assumptions, views, plans, objectives and projections about the future. Forward-looking statements generally are accompanied by words such as "believe", "project", "expect", "anticipate", "estimate", "intend", "strategy", "future", "opportunity", "plan", "may", "should", "will", "would", "will be", "will continue", "will likely result" or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of the Company. Risks and uncertainties include but are not limited to: market and other conditions, demand for our products; competition, including technological advances made by and new products released by our competitors; our ability to accurately forecast consumer demand for our products and adequately maintain our inventory; and our reliance on a limited number of suppliers and distributors for our products. A further list and descriptions of these risks, uncertainties and other factors can be found in filings with the Securities and Exchange Commission. To the extent permitted under applicable law, the Company assumes no obligation to update any forward-looking statements.
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SOURCE: Interactive Strength Inc.
View the original press release on ACCESS Newswire
FAQ
What did TRNR announce about FORME and Wattbike on February 24, 2026?
How is TRNR targeting the golf vertical with FORME and Wattbike in 2026?
What does TRNR say about expansion into college verticals for FORME and Wattbike?
Where can TRNR shareholders find the full commercial update for FORME and Wattbike?
Does the TRNR commercial update on February 24, 2026 include financial results or guidance?
