What's Going On With Interactive Strength Stock Today?

Interactive Strength Inc. (NASDAQ:TRNR) shares are trading higher in the premarket session on Wednesday.

On Wednesday, the company raised 2025 pro forma revenue by 30% to more than $65 million.

The company highlighted that its recently announced binding agreement to acquire Wattbike has sold more than 100,000 bikes. Wattbike is a UK-based indoor cycling brand.

Wattbike has fully met its FY26 earnout target with $26 million in revenue, surpassing the $22 million minimum revenue required to begin the payout.

The company says Wattbike’s earnout will be fully achieved if revenue exceeds $29 million in FY27, with a minimum threshold of $25 million to trigger the earnout.

Also Read: Interactive Strength Targets Global Wellness Market with $15 Million Revenue Boost from Acquisition

The company signed a binding agreement to acquire Wattbike on Tuesday.

Interactive Strength said the acquisition is expected to close in the second quarter and be immediately accretive.

Wattbike’s CEO, Stephen Loftus, highlighted the opportunity for accelerated global growth, supported by Interactive Strength’s sales and marketing scale.

Interactive Strength also plans to integrate Wattbike with its Taiwan-based supply team and upcoming Sportstech acquisition, positioning the company as a uniquely diversified leader in global fitness.

According to Benzinga Pro, TRNR stock has lost over 99% in the past year.

Price Action: TRNR shares are trading higher by 3.25% to $0.9316 premarket at last check Wednesday.

Read Next:

• Xi Jinping Hits Back: China Raises Tariffs On US Goods To 84%, Doubling Down On Trade War

Photo: Shutterstock