Local Bounti Corporation (LOCL)

NYSE: LOCL · Real-Time Price · USD
1.900
-0.020 (-1.04%)
At close: May 22, 2026, 4:00 PM EDT
1.980
+0.080 (4.21%)
After-hours: May 22, 2026, 7:05 PM EDT
Market Cap43.31M +73.1%
Revenue (ttm)50.10M +21.1%
Net Income-69.02M
EPS-3.33
Shares Out 22.80M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume52,698
Open1.920
Previous Close1.920
Day's Range1.890 - 1.990
52-Week Range0.980 - 3.995
Beta2.79
AnalystsStrong Buy
Price Target6.00 (+215.79%)
Earnings DateMay 13, 2026

About LOCL

Local Bounti Corporation produces and sells fresh greens in the United States. The company offers lettuce, arugula, herbs, berries, and loose-leaf lettuce. It sells its products to food retailers and food service distributors. The company was founded in 2018 and is headquartered in Hamilton, Montana.

Industry Farm Products
Founded 2021
Employees 286
Stock Exchange NYSE
Ticker Symbol LOCL
Full Company Profile

Financial Performance

In 2025, Local Bounti's revenue was $48.37 million, an increase of 26.82% compared to the previous year's $38.14 million. Losses were -$94.38 million, -21.29% less than in 2024.

Financial Statements

Analyst Summary

According to one analyst, the rating for LOCL stock is "Strong Buy" and the 12-month stock price target is $6.0.

Price Target
$6.0
(215.79% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Local Bounti files to sell 13.6M shares of common stock for holders

16:29 EDT Local Bounti (LOCL) files to sell 13.6M shares of common stock for holders

8 days ago - TheFly

Local Bounti Registration statement: Registration filing

Local Bounti filed a registration statement on May 15, 2026, providing details about a securities offering with the SEC.

8 days ago - Filings

Local Bounti Earnings Call Transcript: Q1 2026

Q1 2026 saw 15% revenue growth, improved margins, and a reduced net loss, driven by operational efficiency and commercial momentum. Strategic investments and new retail partnerships support a positive outlook toward profitability.

10 days ago - Transcripts

Local Bounti Earnings release: Q1 2026

Local Bounti released its Q1 2026 earnings on May 13, 2026, summarizing the period's financial results.

10 days ago - Filings

Local Bounti Quarterly report: Q1 2026

Local Bounti has published its Q1 2026 quarterly earnings report on May 13, 2026.

10 days ago - Filings

Local Bounti Announces First Quarter 2026 Financial Results

Delivered 15% Revenue Growth, Improved Net Loss, and 35% Improvement in Adjusted EBITDA Loss While Advancing Strategic Retail Partnership Discussions HAMILTON, Mont., May 13, 2026 /PRNewswire/ -- Loca...

10 days ago - PRNewsWire

Local Bounti to Release First Quarter 2026 Financial Results on Wednesday, May 13, 2026

HAMILTON, Mont., May 6, 2026 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company currently servicing approximately 1...

17 days ago - PRNewsWire

Local Bounti to Participate in the BMO Global Farm to Market Conference

HAMILTON, Mont., May 4, 2026 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that it will be pa...

19 days ago - PRNewsWire

Local Bounti Proxy statement: Proxy filing

Local Bounti filed a proxy statement on April 23, 2026, providing details for shareholder voting and corporate governance matters.

4 weeks ago - Filings

Local Bounti Proxy statement: Proxy filing

Local Bounti filed a proxy statement on April 23, 2026, providing details for shareholder voting and corporate governance matters.

4 weeks ago - Filings

Local Bounti Slides: Investor presentation

Local Bounti has posted slides in relation to its latest quarterly earnings report, which was published on April 23, 2026.

4 weeks ago - Filings

Local Bounti Proxy statement: Proxy filing

Local Bounti filed a proxy statement on April 13, 2026, providing details for shareholder voting and corporate governance matters.

5 weeks ago - Filings

Local Bounti Earnings Call Transcript: Q4 2025

Q4 2025 saw 24% revenue growth, improved margins, and reduced losses, with all facilities at full capacity and strong commercial momentum. Strategic investments and debt restructuring enhanced financial flexibility for 2026.

2 months ago - Transcripts

Local Bounti Annual report: Q4 2025

Local Bounti has published its Q4 2025 annual report on March 25, 2026.

2 months ago - Filings

Local Bounti Earnings release: Q4 2025

Local Bounti released its Q4 2025 earnings on March 25, 2026, summarizing the period's financial results.

2 months ago - Filings

Local Bounti expects sequential improvement in revenue for FY26

Local Bounti said, “The Company expects continued sequential improvements in revenue and adjusted EBITDA loss rate in 2026, driven by ongoing sales growth, cost reduction initiatives, and the ramp of…

2 months ago - TheFly

Local Bounti reports Q4 EPS (38c) vs. ($4.21) last year

Reports Q4 revenue $12.46M vs. $10.07M last year. The Company ended the quarter with cash and cash equivalents and restricted cash of $10.7M as of December 31, 2025. Kathleen Valiasek,…

2 months ago - TheFly

Local Bounti Announces Fourth Quarter and Full Year 2025 Financial Results

Delivered 27% Annual Revenue Growth and Improved Net Loss and Adjusted EBITDA While Advancing Strategic Retail Partnership Discussions During the First Quarter 2026, Secured New Retail Accounts to Exp...

2 months ago - PRNewsWire

Local Bounti to Release Full Year 2025 Financial Results on Wednesday, March 25, 2026

HAMILTON, Mont., March 23, 2026 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced it will release...

2 months ago - PRNewsWire

Local Bounti Secures $15 Million of New Capital to Advance Growth Strategy

HAMILTON, Mont., March 17, 2026 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that it secured...

2 months ago - PRNewsWire

Local Bounti receives continued listing standard notice from NYSE

Local Bounti (LOCL) received a notice from the NYSE that it is not in compliance with the NYSE continued listing standards due to the fact that the Company’s average global…

3 months ago - TheFly

Local Bounti Receives Continued Listing Standard Notice from NYSE

HAMILTON, Mont., Feb. 11, 2026 /PRNewswire/ -- Local Bounti Corporation (NYSE: LOCL) ("Local Bounti" or the "Company"), a breakthrough U.S. indoor agriculture company, today announced that on February...

3 months ago - PRNewsWire

Local Bounti files to sell 5.35M shares of common stock

16:23 EST Local Bounti (LOCL) files to sell 5.35M shares of common stock

6 months ago - TheFly

Local Bounti Registration statement: Registration Filing

Local Bounti filed a registration statement on November 14, 2025, providing details about a securities offering with the SEC.

6 months ago - Filings

Local Bounti Earnings Call Transcript: Q3 2025

Q3 2025 saw 19% revenue growth, improved margins, and major operational gains, with Texas at full capacity and cost reductions underway. Strategic partnerships and new product launches are driving commercial momentum, with positive adjusted EBITDA targeted for early 2026.

6 months ago - Transcripts