<div id="readability-page-1"><h3>TipRanks Cyber Monday Sale</h3><ul><li> Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence. </li><li> Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off </li></ul>Interactive Strength Inc ( (TRNR) ) just unveiled an update. Interactive Strength Inc. entered into a securities purchase agreement with an accredited investor on January 28, 2025, involving the sale of Class A Incremental Warrants, which include senior secured convertible notes and common stock warrants. The investor exercised these warrants on multiple occasions throughout 2025, culminating in the latest exercise on December 4, 2025, for a principal amount of $385,000. This transaction allows the investor to convert notes into common stock, potentially impacting the company’s share structure and market dynamics. The most recent analyst rating on (TRNR) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Interactive Strength Inc stock, see the TRNR Stock Forecast page. Spark’s Take on TRNR Stock According to Spark, TipRanks’ AI Analyst, TRNR is a Neutral. The overall stock score is primarily influenced by the company’s precarious financial health, characterized by significant revenue growth but substantial operating losses and high leverage. Technical analysis indicates a bearish trend with oversold conditions, while valuation metrics are concerning due to negative earnings and lack of dividends. These factors collectively result in a low overall stock score. To see Spark’s full report on TRNR stock, click here. More about Interactive Strength Inc Average Trading Volume: 209,693 Technical Sentiment Signal: Sell Current Market Cap: $4.15M For a thorough assessment of TRNR stock, go to TipRanks’ Stock Analysis page.</div>

TRNR

Interactive Strength Inc. entered a securities purchase agreement involving Class A Incremental Warrants, exercised by an investor for $385,000, potentially affecting share structure and market dynamics. Analysts rate TRNR stock as Hold with a $2.00 target, while Spark's AI Analyst views it as Neutral due to financial health concerns, bearish technical trends, and negative valuation metrics.

Interactive Strength Inc’s Recent Warrant Exercise Impact