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Home โบ Stocks โบ Local Bounti Corporation (LOCL) Stock Forecast & Price Prediction United States | NYSE | Consumer Defensive | Farm Products
$1.27
+0.00 (0.00%)Did LOCL Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Local Bounti is one of their latest high-conviction picks.
LOCL has shown a year-to-date change of -40.7% and a 1-year change of -58.2%, reflecting downward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for LOCL. Please refer to the price chart above for recent performance and trends.
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.
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 | Lake Street | Ben Klieve | Buy | Maintains | $3.00 |
| Mar 30, 2023 | Oppenheimer | Colin Rusch | Outperform | 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 | $N/A | |
| Jan 4, 2022 | Deutsche Bank | Buy | Initiates | $N/A | |
| Dec 22, 2021 | Oppenheimer | Outperform | Initiates | $N/A | |
| Dec 21, 2021 | Roth Capital | Buy | Initiates | $N/A |
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 has a market capitalization of $28.95M with a P/E ratio of -0.2x. The company generates $50.10M in trailing twelve-month revenue with a -138.6% profit margin.
Revenue growth is +14.9% quarter-over-quarter, while maintaining an operating margin of -104.5% and return on equity of +57.0%.
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Specializes in indoor vertical farming.
The company produces high-quality, sustainable produce using controlled-environment agriculture, which allows for efficient year-round production of leafy greens and herbs. By employing innovative techniques that minimize water usage and land footprint, Local Bounti creates a more sustainable alternative to traditional farming, thereby capitalizing on the growing demand for fresh produce.
Local Bounti's operations reduce food mileage and support shorter supply chains, ensuring fresher products for consumers. Their commitment to sustainability aligns with increasing environmental awareness, positioning them as a potential leader in modern agricultural practices and contributing to the discourse on food security.
Consumer Defensive
Farm Products
286
Ms. Kathleen Valiasek
United States
2021
Local Bounti Corporation (NYSE: LOCL) has launched a six-SKU range of its locally grown leafy greens at Harris Teeter, a prominent grocer in the Southeast and Mid-Atlantic regions.
The launch of Local Bounti's fresh greens at a major retailer expands market reach, potentially boosting revenues and enhancing brand visibility in the competitive indoor agriculture sector.
Local Bounti Corporation (NYSE: LOCL) has been recognized in TIME's World's Growth Leaders 2026, highlighting its status in the indoor agriculture sector.
Local Bounti's recognition by TIME as a growth leader enhances its credibility and visibility, potentially attracting investors and increasing stock demand.
Local Bounti Corporation reported 15% revenue growth and a reduced net loss, along with a 35% improvement in adjusted EBITDA loss for Q1 2026. Strategic retail partnership discussions are ongoing.
Revenue growth and reduced net loss indicate strong operational performance, while improved EBITDA suggests better profitability. Advancing retail partnerships could enhance market reach and future earnings.
Local Bounti Corporation (LOCL) held its Q1 2026 earnings call, discussing financial performance and strategic initiatives. Further details are available in the transcript.
The earnings call provides insights into Local Bounti's financial performance and strategic direction, influencing investor perceptions of growth potential and market positioning.
Local Bounti Corporation (NYSE: LOCL) will release its Q1 fiscal results for 2026 on May 13, 2026, before market open. The company serves about 13,000 retail locations.
The upcoming release of Local Bounti's Q1 financial results could influence stock performance and investor sentiment, reflecting the company's growth and market position in indoor agriculture.
Local Bounti Corporation (NYSE: LOCL) will participate in the BMO Global Farm to Market Conference on May 13-14, 2026, highlighting its position in indoor agriculture.
Local Bounti's participation in the BMO Global Farm to Market Conference highlights its industry presence and growth potential, attracting investor interest in indoor agriculture trends.
Analyst forecasts for Local Bounti Corporation (LOCL) are not currently available. The stock is trading at $1.27.
According to current analyst ratings, LOCL has 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.27. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for LOCL are not currently available. The stock is trading at $1.27.
The company produces high-quality, sustainable produce using controlled-environment agriculture, which allows for efficient year-round production of leafy greens and herbs. By employing innovative techniques that minimize water usage and land footprint, Local Bounti creates a more sustainable alternative to traditional farming, thereby capitalizing on the growing demand for fresh produce.
Price targets from Wall Street analysts for LOCL are not currently available. The stock is trading at $1.27.
Price targets from Wall Street analysts for LOCL are not currently available. The stock is trading at $1.27.
The overall analyst consensus for LOCL is bullish. Out of 7 Wall Street analysts, 1 rate it as Buy, 0 as Hold, and 0 as Sell.
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.
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.