Why Did Allurion Technologies Inc. (ALUR) Soar 35.59%?

Allurion Technologies Inc. (ALUR) surged 35.59% in pre-market trading on May 14, 2025, marking a significant rise in its stock price.

Analysts have set a mean price target for Allurion Technologies, Inc. (ALUR) that suggests a potential 374.7% upside in the stock. This optimistic outlook is driven by the company's recent breakthroughs in weight loss solutions, which have garnered considerable attention from investors.

Allurion Technologies (ALUR) has seen a remarkable increase of 58%, pushing its stock price to $3.78. This surge followed the company's presentation of data on the Allurion Balloon and AI-Powered Virtual Care Suite, which demonstrated significant weight loss results when combined with GLP-1s.

Despite the recent surge, some analysts maintain a neutral rating on Allurion's stock. Chardan Capital Markets, for instance, has set a price target of $2.50, reflecting tempered expectations for the company's future performance. However, the overall sentiment remains positive, with analysts predicting a high average target price of $25.63 over the next year.