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NYSE:LOCL

Local Bounti (LOCL) Stock Price, News & Analysis

Local Bounti logo
$0.91 -0.01 (-1.05%)
As of 10:56 AM Eastern
This is a fair market value price provided by Massive. Learn more.

About Local Bounti Stock (NYSE:LOCL)

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Key Stats

Today's Range
$0.95
▼
$0.95
50-Day Range
$0.92
▼
$1.28
52-Week Range
$0.90
▼
$3.13
Volume
443 shs
Average Volume
440,167 shs
Market Capitalization
$21.32 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
Sell

Company Overview

Local Bounti Corporation was an indoor agriculture company that used controlled-environment farming to grow fresh produce year-round. Its operations were designed to use hydroponic systems and indoor growing environments, helping provide consistent growing conditions while reducing the distance between farms and consumers.

The company produced and marketed leafy greens, lettuce, herbs and other fresh vegetables under the Local Bounti brand. Its products were distributed through retail and food-service channels, with a focus on serving customers in regional markets from its indoor farms in the United States.

Local Bounti was founded in 2018 and became publicly traded in 2021 after completing a business combination with Leo Holdings Corp. II. The company operated facilities in locations including Montana and Georgia. Local Bounti later faced significant financial and operational challenges, and its public-company operations were subject to restructuring proceedings.

AI Generated. May Contain Errors.

Local Bounti Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
9th Percentile Overall Score

LOCL MarketRank™: 
0.44179339276 of 5 stars

Local Bounti scored higher than 9% of companies evaluated by MarketBeat, and ranked 164th out of 169 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 -0.34, 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 -0.34, 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

    0.29% 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 1.79, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Local Bounti has recently decreased by 24.73%, indicating that investor sentiment is improving 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 Coverage This Week

    MarketBeat has tracked 1 news article 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 $125,843.00 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.
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LOCL Stock News Headlines

Local Bounti (NYSE:LOCL) Stock Price Up 1.4% - Time to Buy?
Local Bounti (NYSE:LOCL) CEO Sells $125,843.20 in Stock
A letter from Shannon Stansberry
Porter Stansberry nearly canceled the entire project. When he first saw the claimed returns - only one down year in nearly two decades and total gains of almost 2,000% - his immediate reaction was disbelief. It took a trusted friend's personal vouching for Emmet Savage and a face-to-face trip to Ireland to change his mind. The full documentary, Investigating Project Prophet, is now live.tc pixel
See More Headlines

LOCL Stock Analysis - Frequently Asked Questions

Local Bounti's stock was trading at $2.1460 at the beginning of the year. Since then, LOCL stock has decreased by 56.6% and is now trading at $0.9320.

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

Local Bounti's stock reverse split before market open on 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 Tesla (TSLA), Chevron (CVX), Pfizer (PFE), Tellurian (TELL), Advanced Micro Devices (AMD), LifeMD (LFMD) and Alto Ingredients (ALTO).

Company Calendar

Last Earnings
8/12/2026
Today
11/03/2026
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
$51.84 million
Price / Sales
0.42
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
($7.48) per share
Price / Book
-0.12

Miscellaneous

Outstanding Shares
23,380,000
Free Float
20,060,000
Market Cap
$21.79 million
Optionable
No Data
Beta
2.81
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This page (NYSE:LOCL) was last updated on 11/3/2026 by MarketBeat.com Staff.
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