Local Bounti Corporation (LOCL)
NYSE: LOCL · Real-Time Price · USD
2.450
-0.026 (-1.05%)
Nov 4, 2024, 3:48 PM EST - Market closed
Local Bounti Stock Forecast
Stock Price Forecast
There is currently no analyst price target forecast available for Local Bounti.
Analyst Consensus: n/a
Analyst Ratings
There are currently no analyst ratings available for Local Bounti.
Recommendation Trends
| Rating | May '23 | Jun '23 | Jul '23 | Aug '23 | Sep '23 | Oct '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 0 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Deutsche Bank | Deutsche Bank | Strong Buy → Hold Downgrades $6 → $1 | Strong Buy → Hold | Downgrades | $6 → $1 | -59.18% | Oct 31, 2023 |
| Oppenheimer | Oppenheimer | Buy Reiterates $39 | Buy | Reiterates | $39 | +1,491.84% | May 26, 2023 |
| Roth MKM | Roth MKM | Strong Buy Maintains $78 → $39 | Strong Buy | Maintains | $78 → $39 | +1,491.84% | Apr 3, 2023 |
| Lake Street | Lake Street | Strong Buy Maintains $137 → $39 | Strong Buy | Maintains | $137 → $39 | +1,491.84% | Mar 30, 2023 |
| Oppenheimer | Oppenheimer | Buy Maintains $169 → $39 | Buy | Maintains | $169 → $39 | +1,491.84% | Mar 30, 2023 |
Financial Forecast
Revenue This Year
53.72M
from 27.56M
Increased by 94.93%
Revenue Next Year
96.49M
from 53.72M
Increased by 79.63%
EPS This Year
-11.46
from -15.61
EPS Next Year
-5.26
from -11.46
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 56.0M | 109.7M | 160.1M |
| Avg | 53.7M | 96.5M | 155.6M |
| Low | 51.0M | 83.0M | 149.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 103.2% | 104.3% | 66.0% |
| Avg | 94.9% | 79.6% | 61.2% |
| Low | 84.9% | 54.5% | 54.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -11.80 | -4.46 | -2.59 |
| Avg | -11.46 | -5.26 | -2.52 |
| Low | -11.02 | -5.94 | -2.42 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.