Local Bounti Corporation (LOCL)
NYSE:LOCL
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Local Bounti Corporation
(NYSE:LOCL)
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Rating:52Neutral
Price Target:
$2.50
▲(14.16% Upside)
Action:ReiteratedDate:04/24/26
The score is held down primarily by weak financial performance (large losses, negative cash flow, heavy leverage and negative equity). Technical momentum is a meaningful offset with strong trend and positive indicators, while valuation remains unattractive due to ongoing losses. Corporate events are mixed, with financing flexibility tempered by NYSE delisting risk.
Positive Factors
Controlled-environment agriculture (CEA) model
The CEA business model enables year-round, climate-independent production and tighter quality control versus open-field farming. That structural advantage supports consistent supply to retailers and foodservice, reduces weather-driven volatility in yields, and aligns with growing demand for local, traceable produce over the medium term.
Negative Factors
High leverage and negative shareholders' equity
Very high debt combined with negative equity signals persistent capital-structure strain. This reduces strategic optionality, raises refinancing and default risk, and increases the likelihood of dilutive financings. Over months, heavy leverage can crowd out investment in efficiency improvements or expansion.
Read all positive and negative factors
Positive Factors
Negative Factors
Controlled-environment agriculture (CEA) model
The CEA business model enables year-round, climate-independent production and tighter quality control versus open-field farming. That structural advantage supports consistent supply to retailers and foodservice, reduces weather-driven volatility in yields, and aligns with growing demand for local, traceable produce over the medium term.
Read all positive factors
Local Bounti Corporation (LOCL) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$56.45M
Dividend YieldN/A
Average Volume (3M)47.67K
Price to Earnings (P/E)―
Beta (1Y)-2.28
Revenue Growth26.82%
EPS Growth46.80%
CountryUS
Employees333
SectorConsumer Defensive
Sector Strength42
IndustryAgricultural Farm Products
Share Statistics
EPS (TTM)-0.38
Shares Outstanding22,401,295
10 Day Avg. Volume30,280
30 Day Avg. Volume47,674
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)-2.18
Price to Sales (P/S)7.48
P/FCF Ratio-8.62
Enterprise Value/Market Cap10.42
Enterprise Value/Revenue12.16
Enterprise Value/Gross Profit100.37
Enterprise Value/Ebitda-16.58
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-1.93
Revenue Forecast (FY)$93.50M
Local Bounti Corporation Business Overview & Revenue Model
Company Description
Local Bounti Corporation grows fresh greens and herbs in the United States. It produces lettuce, herbs, and loose-leaf lettuce. The company sells its products to food retailers and food service distributors. Local Bounti Corporation was founded in...
How the Company Makes Money
Local Bounti makes money primarily by selling fresh produce it grows in its controlled-environment facilities to customers such as grocery retailers and foodservice distributors/operators. Revenue is generated from shipment volumes and pricing of ...
Local Bounti Corporation Earnings Call Summary
Earnings Call Date:Nov 12, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:May 13, 2026
Earnings Call Sentiment Positive
The earnings call indicates strong operational and financial improvements, with significant revenue growth, cost reductions, and strategic partnerships. However, there are ongoing challenges such as sequential revenue constraints and continued EBITDA losses, though these are being addressed with strategic initiatives.Positive Updates
Significant Revenue Growth
Local Bounti reported a 19% year-over-year increase in revenue, reaching $12.2 million for Q3 2025, driven by increased production from Georgia, Texas, and Washington facilities.
Negative Updates
Sequential Revenue Growth Constraints
Sequential revenue growth was limited due to the transition work in Texas, which was completed in July.
Read all updates
Q3-2025 Updates
Positive
Negative
Significant Revenue Growth
Local Bounti reported a 19% year-over-year increase in revenue, reaching $12.2 million for Q3 2025, driven by increased production from Georgia, Texas, and Washington facilities.
Read all positive updates
Company Guidance
During Local Bounti's Third Quarter 2025 Earnings Conference Call, the company reported significant progress, highlighted by a 19% year-over-year revenue growth, reaching $12.2 million. The quarter saw a reduction in adjusted EBITDA loss to $7.2 million from $8.4 million the previous year and an improvement in net loss from $34.3 million to $26.4 million. Local Bounti completed crucial facility upgrades, including the Texas automated harvesting system, boosting labor productivity by approximately 19% and reducing direct labor costs by around 17%. The company also achieved nearly $8 million in annualized cost reductions and anticipates further savings of $1.5 million to $2 million. Looking ahead, Local Bounti aims for positive adjusted EBITDA by early 2026, driven by new product launches, operational efficiencies, and sustained cost discipline.Local Bounti Corporation Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
9
Very Negative
Cash Flow
14
Very Negative
| Breakdown | Dec 2025 | Mar 2025 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 48.37M | 38.14M | 27.56M | 19.47M | 638.00K |
| Gross Profit | 5.86M | 4.09M | 2.22M | 2.21M | 206.00K |
| EBITDA | -35.47M | -42.11M | -85.14M | -83.91M | -48.79M |
| Net Income | -94.78M | -119.90M | -124.02M | -111.07M | -56.09M |
Balance Sheet | |||||
| Total Assets | 410.49M | 428.04M | 381.75M | 278.74M | 143.93M |
| Cash, Cash Equivalents and Short-Term Investments | 4.23M | 937.00K | 10.33M | 13.67M | 96.66M |
| Total Debt | 535.52M | 437.16M | 327.42M | 120.08M | 24.31M |
| Total Liabilities | 576.73M | 528.53M | 366.48M | 157.41M | 42.25M |
| Stockholders Equity | -166.24M | -100.50M | 15.27M | 121.33M | 101.68M |
Cash Flow | |||||
| Free Cash Flow | -41.92M | -109.52M | -195.42M | -130.64M | -49.77M |
| Operating Cash Flow | -30.34M | -27.06M | -33.16M | -48.81M | -20.11M |
| Investing Cash Flow | -11.59M | -82.45M | -162.26M | -172.38M | -29.67M |
| Financing Cash Flow | 45.18M | 100.09M | 187.38M | 145.05M | 150.81M |
Local Bounti Corporation Technical Analysis
Positive
2.19
Price Trends
1.42
Positive
1.87
Negative
2.31
Negative
Market Momentum
0.03
Negative
56.83
Neutral
33.47
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LOCL, the sentiment is Positive. The current price of 2.19 is above the 20-day moving average (MA) of 1.36, above the 50-day MA of 1.42, and below the 200-day MA of 2.31, indicating a neutral trend. The MACD of 0.03 indicates Negative momentum. The RSI at 56.83 is Neutral, neither overbought nor oversold. The STOCH value of 33.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LOCL.
Local Bounti Corporation Risk Analysis
Local Bounti Corporation disclosed 55 risk factors in its most recent earnings report. Local Bounti Corporation reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Local Bounti Corporation Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
52 Neutral | $56.45M | -3.81 | 66.22% | ― | 26.82% | 46.80% | |
42 Neutral | $473.87K | -0.19 | -179.10% | ― | -7.55% | 96.76% | |
41 Neutral | $4.94M | -0.19 | ― | ― | ― | ― | |
41 Neutral | $2.70M | -0.08 | -46.64% | ― | -29.40% | -535.63% |
* Consumer Defensive Sector Average
LOCL
Local Bounti Corporation
2.54
0.18
7.63%
AQB
AquaBounty Technologies
0.93
0.25
36.76%
SDOT
Sadot Group
1.33
-14.92
-91.82%
AFRI
Forafric Global
10.08
1.80
21.74%
EDBL
Edible Garden AG , Inc.
0.50
-18.50
-97.39%
Local Bounti Corporation Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Local Bounti Secures New Financing and Amends Credit Terms
Positive
Mar 16, 2026
On March 13, 2026, Local Bounti Corporation entered into a Convertible Note and Warrant Purchase Agreement with U.S. Bounti, LLC for a $15.0 million convertible note and a warrant to buy 5,500,000 common shares, with proceeds earmarked for working...
Delistings and Listing ChangesRegulatory Filings and Compliance
Local Bounti Faces NYSE Noncompliance and Delisting Risk
Negative
Feb 11, 2026
On February 5, 2026, Local Bounti Corporation received a notice from the New York Stock Exchange stating that it was no longer in compliance with the exchange’s minimum market capitalization standard because its 30-day average global market ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.