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Local Bounti Corporation ( (LOCL) ) has provided an update.
On December 9, 2025, Local Bounti Corporation announced the appointment of Anthony Hughes as Interim Chief Financial Officer, succeeding Kathleen Valiasek, who will continue as the company’s Chief Executive Officer and President. Hughes, who has been with the company since June 2022, brings extensive experience from previous roles at Amyris, Inc., ServiceSource International, Inc., and Ernst & Young. The board also expanded by one seat, appointing Valiasek as a Class III director, reflecting her leadership role within the company.
The most recent analyst rating on (LOCL) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Local Bounti Corporation stock, see the LOCL Stock Forecast page.
Spark’s Take on LOCL Stock
According to Spark, TipRanks’ AI Analyst, LOCL is a Neutral.
Local Bounti Corporation’s overall stock score is primarily impacted by its weak financial performance, characterized by high leverage, negative equity, and persistent losses. While the earnings call showed some operational improvements, the technical analysis and valuation metrics remain concerning. The company needs to address its financial instability to improve its stock attractiveness.
To see Spark’s full report on LOCL stock, click here.
More about Local Bounti Corporation
Average Trading Volume: 32,518
Technical Sentiment Signal: Sell
Current Market Cap: $56.35M
For detailed information about LOCL stock, go to TipRanks’ Stock Analysis page.