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
Local Bounti Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Local Bounti stock has a target of 6.00, which predicts a 215.79% increase from the current stock price of 1.9.
Price Target: $6.00 (+215.79%)
Analyst Consensus: Strong Buy
Analyst Ratings
According to 1 stock analyst, the rating for Local Bounti is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
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 | -47.37% | Oct 31, 2023 |
| Oppenheimer | Oppenheimer | Buy Reiterates $39 | Buy | Reiterates | $39 | +1,952.63% | May 26, 2023 |
| Roth MKM | Roth MKM | Strong Buy Maintains $78 → $39 | Strong Buy | Maintains | $78 → $39 | +1,952.63% | Apr 3, 2023 |
| Lake Street | Lake Street | Strong Buy Maintains $137 → $39 | Strong Buy | Maintains | $137 → $39 | +1,952.63% | Mar 30, 2023 |
| Oppenheimer | Oppenheimer | Buy Maintains $169 → $39 | Buy | Maintains | $169 → $39 | +1,952.63% | Mar 30, 2023 |
Financial Forecast
Revenue This Year
95.37M
from 48.37M
Increased by 97.19%
Revenue Next Year
127.50M
from 95.37M
Increased by 33.69%
EPS This Year
-1.97
from -5.59
EPS Next Year
-1.43
from -1.97
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 consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data sources.