LOCL Stock Forecast 2025-2026
Distance to LOCL Price Targets
LOCL Price Momentum
🤔 Considering Local Bounti (LOCL)?
Join 5,000+ investors getting our exclusive market analysis every Monday & Thursday. Stay ahead of breakout opportunities.
Latest LOCL Stock Price Targets & Analyst Predictions
Based on our analysis of 7 Wall Street analysts, LOCL has a bullish consensus with a median price target of $8.00 (ranging from $6.00 to $10.00). Currently trading at $2.09, the median forecast implies a 282.8% upside. This outlook is supported by 2 Buy, 0 Hold, and 0 Sell ratings.
Conversely, the most conservative target is provided by Pamela Kaufman at Morgan Stanley, suggesting a 187.1% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
LOCL Analyst Ratings
LOCL Price Target Range
Latest LOCL Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for LOCL.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Oct 31, 2023 | Deutsche Bank | Christopher Barnes | Hold | Downgrade | $1.00 |
| May 26, 2023 | Oppenheimer | Colin Rusch | Outperform | Reiterates | $3.00 |
| Apr 3, 2023 | Roth MKM | Brian Wright | Buy | Maintains | $3.00 |
| Mar 30, 2023 | Oppenheimer | Colin Rusch | Outperform | Maintains | $3.00 |
| Mar 30, 2023 | Lake Street | Ben Klieve | Buy | Maintains | $3.00 |
| Mar 20, 2023 | Deutsche Bank | Steve Powers | Buy | Maintains | $2.00 |
| Nov 11, 2022 | Morgan Stanley | Pamela Kaufman | Equal-Weight | Maintains | $2.75 |
| Aug 16, 2022 | Morgan Stanley | Pamela Kaufman | Equal-Weight | Maintains | $4.00 |
| Jun 2, 2022 | Morgan Stanley | Pamela Kaufman | Equal-Weight | Maintains | $6.00 |
| Apr 20, 2022 | Morgan Stanley | Equal-Weight | Initiates | $0.00 | |
| Jan 4, 2022 | Deutsche Bank | Buy | Initiates | $0.00 | |
| Dec 22, 2021 | Oppenheimer | Outperform | Initiates | $0.00 | |
| Dec 21, 2021 | Roth Capital | Buy | Initiates | $0.00 |
Local Bounti Corporation (LOCL) Competitors
The following stocks are similar to Local Bounti based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Local Bounti Corporation (LOCL) Financial Data
Local Bounti Corporation has a market capitalization of $18.09M with a P/E ratio of -0.1x. The company generates $34.93M in trailing twelve-month revenue with a 8.0% profit margin.
Revenue growth is +50.4% quarter-over-quarter, while maintaining an operating margin of -176.1% and return on equity of -2,448.3%.
Valuation Metrics
Growth & Margins
Financial Health
🔥 Want More High-Potential Stock Ideas?
Join 5,000+ investors getting our research on stocks with massive upside potential.
Local Bounti Corporation (LOCL) Business Model
About Local Bounti Corporation
Specializes in indoor vertical farming.
Local Bounti operates by producing high-quality, sustainable produce through controlled-environment agriculture, enabling year-round growth of leafy greens and herbs. The company generates revenue by supplying fresh produce with reduced food mileage, thus shortening supply chains and enhancing delivery efficiency.
With a focus on sustainability, Local Bounti employs innovative farming techniques that minimize water usage and land footprint compared to traditional agriculture. The company is well-positioned to meet the growing global demand for fresh produce and contribute to the movement toward environmentally conscious food production.
Company Information
Sector
Consumer Defensive
Industry
Farm Products
Employees
301
CEO
Mr. Craig M. Hurlbert
Country
United States
IPO Year
2021
Website
localbounti.comLocal Bounti Corporation (LOCL) Latest News & Analysis
Local Bounti Corporation (NYSE: LOCL) has secured a two-year contract to supply living butter lettuce to 13 distribution centers of a major retailer, expanding its commercial reach.
Local Bounti's new contract with a major retailer enhances its revenue prospects and market presence, signaling growth potential and customer demand in the indoor agriculture sector.
Local Bounti Corporation (NYSE:LOCL) will host its Q3 2024 earnings conference call on November 14, 2024, at 8:00 AM ET, featuring key company executives.
The earnings call provides insights into Local Bounti's financial performance and strategic direction, influencing investor sentiment and stock valuation.
Local Bounti Corporation (NYSE: LOCL) reported improved commercial momentum, expanded product offerings, and increased capacity, while outlining growth strategies in its Q3 2024 financial results.
Accelerating commercial momentum and expanded capacity signal growth potential for Local Bounti, which may enhance investor confidence and drive stock performance.
Local Bounti Corporation (LOCL) reported a quarterly loss of $4.01 per share, exceeding the Zacks estimate of $2.78, and worsening from a loss of $3.02 per share a year prior.
Local Bounti's larger-than-expected quarterly loss signals operational challenges, potentially impacting investor confidence and stock performance.
Local Bounti to Release Third Quarter 2024 Financial Results on Thursday, November 14, 2024
4 months agoLocal Bounti Corporation (NYSE: LOCL) will release its fiscal Q3 2024 financial results on November 14, 2024, before market opening.
Local Bounti's upcoming financial results could significantly impact its stock price and investor sentiment, reflecting the company's performance and growth potential in the indoor agriculture sector.
Local Bounti Corporation (NYSE:LOCL) held its Q2 2024 earnings call on August 13, 2024, featuring executives including CEO Craig Hurlbert and CFO Kathleen Valiasek.
The earnings call provides insights into Local Bounti's financial performance and strategic direction, influencing investor sentiment and stock valuation.
Frequently Asked Questions About LOCL Stock
What is Local Bounti Corporation's (LOCL) stock forecast for 2025?
Based on our analysis of 7 Wall Street analysts, Local Bounti Corporation (LOCL) has a median price target of $8.00. The highest price target is $10.00 and the lowest is $6.00.
Is LOCL stock a good investment in 2025?
According to current analyst ratings, LOCL has 2 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $2.09. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for LOCL stock?
Wall Street analysts predict LOCL stock could reach $8.00 in the next 12 months. This represents a 282.8% increase from the current price of $2.09. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Local Bounti Corporation's business model?
Local Bounti operates by producing high-quality, sustainable produce through controlled-environment agriculture, enabling year-round growth of leafy greens and herbs. The company generates revenue by supplying fresh produce with reduced food mileage, thus shortening supply chains and enhancing delivery efficiency.
What is the highest forecasted price for LOCL Local Bounti Corporation?
The highest price target for LOCL is $10.00 from at , which represents a 378.5% increase from the current price of $2.09.
What is the lowest forecasted price for LOCL Local Bounti Corporation?
The lowest price target for LOCL is $6.00 from Pamela Kaufman at Morgan Stanley, which represents a 187.1% increase from the current price of $2.09.
What is the overall LOCL consensus from analysts for Local Bounti Corporation?
The overall analyst consensus for LOCL is bullish. Out of 7 Wall Street analysts, 2 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $8.00.
How accurate are LOCL stock price projections?
Stock price projections, including those for Local Bounti Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
