Go Pro
NYSE:LOCL

Local Bounti (LOCL) Stock Price, News & Analysis

Local Bounti logo
$1.09 +0.06 (+5.83%)
Closing price 03:56 PM Eastern
Extended Trading
$1.08 -0.01 (-0.83%)
As of 07:54 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Local Bounti Stock (NYSE:LOCL)

Advanced

Key Stats

Today's Range
$1.03
▼
$1.19
50-Day Range
$0.99
▼
$1.28
52-Week Range
$0.95
▼
$4.00
Volume
46,001 shs
Average Volume
42,332 shs
Market Capitalization
$25.48 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
Sell

Company Overview

Local Bounti Corporation (NYSE: LOCL) was a controlled-environment agriculture company focused on growing fresh produce indoors. The company used hydroponic and vertical-farming methods, including its proprietary Stack & Flow Technology, to cultivate crops in climate-controlled facilities throughout the year.

Its product portfolio primarily included leafy greens, lettuce and fresh herbs marketed under the Local Bounti brand. The company supplied produce to grocery retailers, foodservice distributors and other commercial customers, emphasizing locally grown products with consistent availability and quality.

Founded in 2018 and headquartered in Hamilton, Montana, Local Bounti developed and operated indoor growing facilities serving customers in multiple U.S. regions. The company became publicly traded in 2021 through a business combination with a special purpose acquisition company. Subsequent corporate developments included financial restructuring and a strategic review of its operations.

AI Generated. May Contain Errors.

Local Bounti Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
6th Percentile Overall Score

LOCL MarketRank™: 

Local Bounti scored higher than 6% of companies evaluated by MarketBeat, and ranked 165th out of 167 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Local Bounti has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no strong buy ratings, no buy ratings, no hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    Local Bounti has only been the subject of 1 research reports in the past 90 days.

  • Read more about Local Bounti's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Local Bounti is -0.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Local Bounti is -0.39, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Read more about Local Bounti's valuation and earnings.
  • Percentage of Shares Shorted

    0.47% of the float of Local Bounti has been sold short.
  • Short Interest Ratio / Days to Cover

    Local Bounti has a short interest ratio ("days to cover") of 1.45, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Local Bounti has recently increased by 46.73%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Local Bounti does not currently pay a dividend.

  • Dividend Growth

    Local Bounti does not have a long track record of dividend growth.

  • News Sentiment

    Local Bounti has a news sentiment score of -0.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Consumer Staples companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Local Bounti this week, compared to 1 article on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Local Bounti insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $154,336.00 in company stock.

  • Percentage Held by Insiders

    14.20% of the stock of Local Bounti is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    28.01% of the stock of Local Bounti is held by institutions.

  • Read more about Local Bounti's insider trading history.
Receive LOCL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Local Bounti and its competitors with MarketBeat's FREE daily newsletter.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

LOCL Stock News Headlines

Should You Convert a Traditional IRA to a Roth After 60?
Considering a Roth conversion after 60? The upside includes no income limits on conversions, potential tax-free qualified withdrawals, and no lifetime required minimum distributions. The catch: converting triggers ordinary income tax in the year you convert, and the decision cannot be reversed. The right move depends on your income, tax bracket, and retirement timeline.tc pixel
See More Headlines

LOCL Stock Analysis - Frequently Asked Questions

Local Bounti's stock was trading at $2.1460 at the start of the year. Since then, LOCL shares have decreased by 49.2% and is now trading at $1.09.

Local Bounti Corporation (NYSE:LOCL) issued its quarterly earnings data on Wednesday, August, 12th. The company reported ($0.68) earnings per share for the quarter, missing the consensus estimate of ($0.50) by $0.18. The company had revenue of $13.85 million for the quarter, compared to the consensus estimate of $22 million.
Read the conference call transcript
.

Shares of Local Bounti reverse split on the morning of Thursday, June 15th 2023.The 1-13 reverse split was announced on Thursday, June 15th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, June 15th 2023. An investor that had 100 shares of stock prior to the reverse split would have 8 shares after the split.

Shares of LOCL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Local Bounti investors own include HubSpot (HUBS), Tesla (TSLA), Bank of America (BAC), Netflix (NFLX) and Sportradar Group (SRAD).

Company Calendar

Last Earnings
8/12/2026
Today
9/30/2026
EGM 2026
11/04/2026
Next Earnings (Estimated)
11/11/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Food Products
Sub-Industry
Agricultural Products & Services
Current Symbol
NYSE:LOCL
CIK
1840780
Fax
N/A
Employees
286
Year Founded
N/A

Profitability

EPS (Trailing Twelve Months)
($2.77)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$94.38 million
Net Margins
-130.52%
Pretax Margin
-130.52%
Return on Equity
N/A
Return on Assets
-16.45%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.07
Quick Ratio
0.72

Sales & Book Value

Annual Sales
$48.37 million
Price / Sales
0.53
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
($7.48) per share
Price / Book
-0.15

Miscellaneous

Outstanding Shares
23,380,000
Free Float
20,060,000
Market Cap
$25.48 million
Optionable
No Data
Beta
2.73
The 10 Best High-Yield Dividend Stocks for 2026 Cover

Discover the 10 Best High-Yield Dividend Stocks for 2026 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.

Get This Free Report

This page (NYSE:LOCL) was last updated on 9/30/2026 by MarketBeat.com Staff.
From Our Partners