Local Bounti Corporation (LOCL)

Local Bounti Stock Forecast

Stock Price Forecast

There is currently no analyst price target forecast available for Local Bounti.

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	-41.86%	Oct 31, 2023
Colin Rusch Oppenheimer	Oppenheimer	Buy Reiterates $39	Buy	Reiterates	$39	+2,167.44%	May 26, 2023
Brian Wright Roth MKM	Roth MKM	Strong Buy Maintains $78 → $39	Strong Buy	Maintains	$78 → $39	+2,167.44%	Apr 3, 2023
Ben Klieve Lake Street	Lake Street	Strong Buy Maintains $137 → $39	Strong Buy	Maintains	$137 → $39	+2,167.44%	Mar 30, 2023
Colin Rusch Oppenheimer	Oppenheimer	Buy Maintains $169 → $39	Buy	Maintains	$169 → $39	+2,167.44%	Mar 30, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

53.72M

Increased by 94.93%

from 27.56M

Revenue Next Year

96.49M

Increased by 79.63%

from 53.72M

EPS This Year

-11.46

from -15.61

EPS Next Year

-5.26

from -11.46

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	82.00K	638.00K	19.47M	27.56M	53.72M	96.49M	155.55M
Revenue Growth	-	-	678.05%	2,952.35%	41.51%	94.93%	79.63%	61.21%
EPS	-	-2.20	-13.79	-16.57	-15.61	-11.46	-5.26	-2.52
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	4	4	3

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

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.