Allurion Technologies Inc. (ALUR)

NYSE: ALUR · Real-Time Price · USD
0.348
+0.068 (24.33%)
Dec 20, 2024, 4:00 PM EST - Market closed
24.33%
Market Cap 27.45M
Revenue (ttm) 34.75M
Net Income (ttm) -24.76M
Shares Out 78.89M
EPS (ttm) -0.48
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 640,523
Open 0.315
Previous Close 0.280
Day's Range 0.280 - 0.356
52-Week Range 0.260 - 4.000
Beta -0.60
Analysts Strong Buy
Price Target 3.00 (+762.07%)
Earnings Date Nov 13, 2024

About ALUR

Allurion Technologies Inc. focuses on ending obesity with a weight loss platform to treat people who are overweight. Its platform, the Allurion Program, features swallowable and procedure-less intragastric balloon for weight loss (the Allurion Balloon), as well as offers access to AI-powered remote patient monitoring tools, a proprietary behavior change program, secure messaging, and video telehealth that are delivered by the Allurion Virtual Care Suite. Allurion Technologies Inc. is headquartered in Natick, Massachusetts. [Read more]

Industry Medical Devices
Sector Healthcare
Founded 2009
Employees 504
Stock Exchange NYSE
Ticker Symbol ALUR
Full Company Profile

Financial Performance

In 2023, Allurion Technologies's revenue was $53.47 million, a decrease of -16.73% compared to the previous year's $64.21 million. Losses were -$82.30 million, 102.5% more than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for ALUR stock is "Strong Buy." The 12-month stock price forecast is $3.0, which is an increase of 762.07% from the latest price.

Price Target
$3.0
(762.07% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Allurion Announces NYSE Acceptance of Plan to Regain Listing Compliance

NATICK, Mass.--(BUSINESS WIRE)---- $ALUR #Allurion--Allurion Technologies, Inc. (NYSE: ALUR), a company dedicated to ending obesity, today announced that it received an Acceptance Letter from the List...

19 days ago - Business Wire

Allurion Launches in the US with its First AI-Native Compounded GLP-1 Program

NATICK, Mass.--(BUSINESS WIRE)---- $ALUR #Allurion--Allurion Technologies, Inc. (NYSE: ALUR), a company dedicated to ending obesity, today announced the launch of AllurionMeds, a unique offering to pa...

26 days ago - Business Wire

Allurion Technologies Inc. (ALUR) Q3 2024 Earnings Call Transcript

Allurion Technologies Inc. (NYSE:ALUR) Q3 2024 Earnings Conference Call November 13, 2024 8:30 AM ET Company Participants Mike Cavanaugh – Investor Relations Shantanu Gaur – Founder and Chief Executi...

5 weeks ago - Seeking Alpha

Allurion Reports Third Quarter 2024 Financial Results and Provides Business Update

NATICK, Mass.--(BUSINESS WIRE)--Allurion Technologies, Inc. (NYSE: ALUR) (“Allurion” or the “Company”), a company dedicated to ending obesity, today announced its financial results for the third quart...

5 weeks ago - Business Wire

Allurion Presents Data From Largest Ever Real-World Experience of 19,428 Patients at The Obesity Society's Annual Conference

NATICK, Mass.--(BUSINESS WIRE)---- $ALUR #Allurion--Allurion Technologies, Inc. (NYSE: ALUR), a company dedicated to ending obesity, today announced the presentation of two abstracts at Obesity Week 2...

6 weeks ago - Business Wire

Allurion to Report Third Quarter 2024 Financial Results on November 13, 2024

NATICK, Mass.--(BUSINESS WIRE)--Allurion Technologies, Inc. (NYSE: ALUR) (“Allurion” or the “Company”), a company dedicated to ending obesity, today announced that it will report financial results for...

7 weeks ago - Business Wire

Allurion Announces Submission of First Three Modules of Premarket Approval Application to the U.S. Food and Drug Administration for the Allurion Balloon

NATICK, Mass.--(BUSINESS WIRE)---- $ALUR #Allurion--Allurion Technologies, Inc. (NYSE: ALUR), a company dedicated to ending obesity, today announced the submission of the first three modules of its pr...

2 months ago - Business Wire

October's 4 Best Penny Stocks: High-Risk, High-Reward Picks

Most investors' definition of a penny stock has broadened to include not just companies trading at less than $1 per share, but also those with slightly higher stock prices up to about $5 per share. Re...

Other symbols: GEVOKULRLUCD
2 months ago - Benzinga

Allurion Announces Publication of New Data Demonstrating Muscle Mass Preservation in Patients Experiencing 15% Weight Loss

NATICK, Mass.--(BUSINESS WIRE)---- $ALUR #Allurion--Allurion Technologies, Inc. (NYSE: ALUR), a company dedicated to ending obesity, today announced the publication of a study in the journal Clinical ...

2 months ago - Business Wire

Allurion Announces Publication of Meta-Analysis Demonstrating the Safety and Effectiveness of the Allurion Program for Weight Loss

NATICK, Mass.--(BUSINESS WIRE)--Allurion Technologies, Inc. (NYSE: ALUR), a company dedicated to ending obesity, today announced the publication of a systematic review and meta-analysis evaluating the...

2 months ago - Business Wire

Allurion Receives Continued Listing Standards Notice from NYSE

NATICK, Mass.--(BUSINESS WIRE)--Allurion Technologies, Inc. (NYSE: ALUR) (“Allurion” or the “Company”), a company dedicated to ending obesity, today announced that it received written notice (the “Not...

3 months ago - Business Wire

Allurion Announces Publication of New Data Demonstrating Weight Loss in Adolescents Suffering from Obesity

NATICK, Mass.--(BUSINESS WIRE)---- $ALUR #Allurion--Allurion Technologies, Inc. (NYSE: ALUR), a company dedicated to ending obesity, today announced the publication of a study on the safety and effect...

3 months ago - Business Wire

Allurion Announces the Appointment of Eli Lilly Veteran, Keith Johns, to Its Board of Directors

NATICK, Mass.--(BUSINESS WIRE)---- $ALUR #Allurion--Allurion Technologies, Inc. (NYSE: ALUR), a company dedicated to ending obesity, today announced the appointment of Keith Johns to its Board of Dire...

3 months ago - Business Wire

Allurion Announces Publication of New Data Demonstrating Continued Weight Loss at One Year On the Allurion Program

NATICK, Mass.--(BUSINESS WIRE)---- $ALUR #Allurion--Allurion Technologies, Inc. (NYSE: ALUR), a company dedicated to ending obesity, today announced the publication of a study demonstrating an average...

4 months ago - Business Wire

Allurion Technologies Inc. (ALUR) Q2 2024 Earnings Call Transcript

Allurion Technologies Inc. (NYSE:ALUR) Q2 2024 Earnings Call Transcript August 13, 2024 8:30 AM ET Company Participants Mike Cavanaugh - IR Shantanu Gaur - Founder and CEO Chris Geberth - CFO Confere...

4 months ago - Seeking Alpha

Allurion Reports Second Quarter 2024 Financial Results and Provides Business Update

NATICK, Mass.--(BUSINESS WIRE)--Allurion Technologies, Inc. (NYSE: ALUR) (“Allurion” or the “Company”), a company dedicated to ending obesity, today announced its financial results for the second quar...

4 months ago - Business Wire

Allurion to Report Second Quarter 2024 Financial Results on August 13, 2024

NATICK, Mass.--(BUSINESS WIRE)--Allurion Technologies, Inc. (NYSE: ALUR) (“Allurion” or the “Company”), a company dedicated to ending obesity, today announced that it will report financial results for...

5 months ago - Business Wire

Allurion Announces Pricing of $20 million Public Offering and Concurrent Private Placement

NATICK, Mass.--(BUSINESS WIRE)--Allurion Technologies, Inc. (NYSE: ALUR) (“Allurion” or the “Company”), a company dedicated to ending obesity, today announced the pricing of an underwritten public off...

6 months ago - Business Wire

Allurion Announces Launch of Offering of Common Stock and Warrants

NATICK, Mass.--(BUSINESS WIRE)--Allurion Technologies, Inc. (NYSE: ALUR) (“Allurion” or the “Company”), a company dedicated to ending obesity, today announced that it has launched an underwritten publ...

6 months ago - Business Wire

Allurion Announces Publication of New Data Demonstrating Lean Mass Gains in Patients Experiencing 14% Weight Loss

NATICK, Mass.--(BUSINESS WIRE)---- $ALUR #Allurion--Allurion Technologies, Inc. (NYSE: ALUR), a company dedicated to ending obesity, today announced the publication of a study demonstrating an average...

6 months ago - Business Wire

Allurion Announces Three Scientific Presentations at the 40th Annual Meeting of the American Society for Metabolic and Bariatric Surgery

NATICK, Mass.--(BUSINESS WIRE)---- $ALUR #Allurion--Allurion Technologies, Inc. (NYSE: ALUR), a company dedicated to ending obesity, today announced three scientific presentations at the American Soci...

6 months ago - Business Wire

Allurion Announces the Appointment of Ojas A. Buch as Chief Operating Officer

NATICK, Mass.--(BUSINESS WIRE)---- $ALUR #Allurion--Allurion Technologies, Inc. (NYSE:ALUR), a company dedicated to ending obesity, today announced the appointment of Ojas A. Buch as its new Chief Ope...

7 months ago - Business Wire

Allurion Announces Expansion of AI Weight Loss Coach to Support Patients on GLP-1s

NATICK, Mass.--(BUSINESS WIRE)---- $ALUR #Allurion--Allurion Technologies, Inc. (NYSE: ALUR), a company dedicated to ending obesity, today announced the expansion of its Artificial Intelligence (AI)-p...

7 months ago - Business Wire

Allurion to Participate in Two Upcoming Investor Conferences in June 2024

NATICK, Mass.--(BUSINESS WIRE)--Allurion to Participate in Two Upcoming Investor Conferences in June 2024.

7 months ago - Business Wire

Allurion Announces Three Scientific Presentations at the European Congress on Obesity, Including Study on Lean Mass Preservation for Sustainable, Healthy Weight Loss

NATICK, Mass.--(BUSINESS WIRE)---- $ALUR #Allurion--Allurion Technologies, Inc. (NYSE: ALUR), a company dedicated to ending obesity, today announced three scientific presentations at the 31st European...

7 months ago - Business Wire