LOCL Overview
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The current price of LOCL is 1.41 USD — it has decreased -7.24
Local Bounti Corporation is a controlled environmental agriculture (CEA) company that produces sustainably grown produce, focused primarily on living and loose-leaf lettuce, arugula, spinach, and basil. The Company’s Stack & Flow Technology significantly improves crop turns, increases output and improves unit economics. It operates advanced indoor growing facilities across the United States, servicing approximately 13,000 retail doors. Its growing methods use 90% less land and 90% less water than conventional farming methods and grow food utilizing a hybrid approach that integrates the attributes of controlled environment agriculture with natural elements. Its primary products include living butter lettuce as well as packaged leafy greens and cress. It has introduced Grab & Go Salads and additions to its baby leaf portfolio with several offerings, including Spinach, Arugula, and Basil. It distributes products primarily through direct relationships with blue-chip retail customers.
Wall Street analysts forecast LOCL stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for LOCL is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Local Bounti Corp revenue for the last quarter amounts to 12.20M USD, increased 19.12
Local Bounti Corp. EPS for the last quarter amounts to -1.18 USD, decreased -70.57
Local Bounti Corp (LOCL) has 333 emplpoyees as of March 02 2026.
Today LOCL has the market capitalization of 33.85M USD.
