Local Bounti Corporation (LOCL)

Local Bounti Stock Forecast

Stock Price Forecast

There have not been any analyst price target forecasts for Local Bounti in the last 12 months.

Price Target: n/a

Analyst Consensus: n/a

Target	Low	Average	Median	High
Price	n/a	n/a	n/a	n/a
Change	n/a	n/a	n/a	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
Christopher Barnes Deutsche Bank	Deutsche Bank	Strong Buy → Hold Downgrades $6 → $1	Strong Buy → Hold	Downgrades	$6 → $1	-28.57%	Oct 31, 2023
Colin Rusch Oppenheimer	Oppenheimer	Buy Reiterates $39	Buy	Reiterates	$39	+2,685.71%	May 26, 2023
Brian Wright Roth MKM	Roth MKM	Strong Buy Maintains $78 → $39	Strong Buy	Maintains	$78 → $39	+2,685.71%	Apr 3, 2023
Ben Klieve Lake Street	Lake Street	Strong Buy Maintains $137 → $39	Strong Buy	Maintains	$137 → $39	+2,685.71%	Mar 30, 2023
Colin Rusch Oppenheimer	Oppenheimer	Buy Maintains $169 → $39	Buy	Maintains	$169 → $39	+2,685.71%	Mar 30, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

95.37M

Increased by 97.19%

from 48.37M

Revenue Next Year

127.50M

Increased by 33.69%

from 95.37M

EPS This Year

-1.97

from -5.59

EPS Next Year

-1.43

from -1.97

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	638.00K	19.47M	27.56M	38.14M	48.37M	95.37M	127.50M
Revenue Growth	678.05%	2,952.35%	41.51%	38.40%	26.82%	97.19%	33.69%
EPS	-13.79	-16.57	-15.61	-14.14	-5.59	-1.97	-1.43
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	98.2M	131.3M
Avg	95.4M	127.5M
Low	91.6M	122.5M

Revenue Growth

Revenue Growth	2026	2027
High	103.0%	37.6%
Avg	97.2%	33.7%
Low	89.5%	28.4%

EPS Forecast

EPS	2026	2027
High	-2.03	-1.47
Avg	-1.97	-1.43
Low	-1.89	-1.37

EPS Growth

EPS Growth	2026	2027
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.