LOCL official logo LOCL
LOCL 1-star rating from Upturn Advisory
Local Bounti Corp (LOCL) company logo

Local Bounti Corp (LOCL)

Local Bounti Corp (LOCL) 1-star rating from Upturn Advisory
$2.58
Last Close (24-hour delay)
Profit since last BUY-20.12%
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SELL
SELL since 4 days
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
(see disclosures)
Time period over
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Upturn Advisory Summary

11/05/2025: LOCL (1-star) is a SELL. SELL since 4 days. Simulated Profits (-20.12%). Updated daily EoD!

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

1 star rating from financial analysts

2 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $6

1 Year Target Price $6

Analysts Price Target For last 52 week
$6 Target price
52w Low $1.18
Current$2.58
52w High $4.75

Analysis of Past Performance

Type Stock
Historic Profit -80.41%
Avg. Invested days 23
Today’s Advisory SELL
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 1.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/05/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 54.20M USD
Price to earnings Ratio -
1Y Target Price 6
Price to earnings Ratio -
1Y Target Price 6
Volume (30-day avg) 2
Beta 2.09
52 Weeks Range 1.18 - 4.75
Updated Date 11/7/2025
52 Weeks Range 1.18 - 4.75
Updated Date 11/7/2025
Dividends yield (FY) -
Basic EPS (TTM) -13.65

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -294.95%
Operating Margin (TTM) -127.65%

Management Effectiveness

Return on Assets (TTM) -9.54%
Return on Equity (TTM) -2448.28%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 537423113
Price to Sales(TTM) 1.23
Enterprise Value 537423113
Price to Sales(TTM) 1.23
Enterprise Value to Revenue 12.21
Enterprise Value to EBITDA -1.77
Shares Outstanding 22123010
Shares Floating 4500926
Shares Outstanding 22123010
Shares Floating 4500926
Percent Insiders 80.83
Percent Institutions 3.91

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Local Bounti Corp

Local Bounti Corp(LOCL) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Local Bounti Corp. was founded in 2018 and focuses on sustainable indoor farming using controlled environment agriculture (CEA). It went public via a SPAC merger in 2021.

Company business area logo Core Business Areas

  • Leafy Greens: Cultivation and sale of leafy greens like lettuce, spinach, and kale using CEA.
  • Herbs: Cultivation and sale of fresh herbs.
  • Distribution: Managing the distribution and logistics of its produce to retailers and foodservice providers.

leadership logo Leadership and Structure

Anna Fabrega serves as Chief Executive Officer. The company has a board of directors overseeing strategic direction.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Lettuce: Various types of lettuce (e.g., romaine, butter lettuce) grown indoors. Competitors include conventional lettuce growers and other CEA companies like AppHarvest (APPH) and Bowery Farming. Market share data is dynamic and varies by region, but Local Bounti is a growing player in the controlled environment agriculture sector.
  • Spinach: Fresh spinach grown using CEA. Competitors include conventional spinach growers and other CEA companies. Market share data unavailable but the company is focused on growth in this market.
  • Kale: Fresh Kale grown using CEA. Competitors include conventional Kale growers and other CEA companies. Market share data unavailable but the company is focused on growth in this market.

Market Dynamics

industry overview logo Industry Overview

The CEA industry is growing rapidly, driven by increasing demand for sustainable and locally sourced produce. Technological advancements and concerns about food security are also fueling growth.

Positioning

Local Bounti aims to be a leading provider of sustainably grown produce, leveraging its proprietary Stack & Flow Technology. Its competitive advantages include its technology, efficient operations, and strong relationships with retailers.

Total Addressable Market (TAM)

The TAM for fresh produce in the US is estimated to be worth over $60 billion. Local Bounti is targeting a significant portion of this market by focusing on CEA-grown products. The company is aggressively expanding its production capacity to capture a larger share of the market.

Upturn SWOT Analysis

Strengths

  • Proprietary Stack & Flow Technology
  • Sustainable farming practices
  • Strong retail partnerships
  • Efficient operations

Weaknesses

  • Relatively new company with limited operational history
  • High capital expenditures required for expansion
  • Dependence on technology and potential disruptions
  • Not yet profitable

Opportunities

  • Expanding production capacity
  • Entering new geographic markets
  • Developing new product lines
  • Increasing consumer awareness of CEA benefits

Threats

  • Competition from established agricultural companies
  • Fluctuations in energy prices
  • Technological obsolescence
  • Economic downturn affecting consumer spending

Competitors and Market Share

Key competitor logo Key Competitors

  • AppHarvest (APPH)
  • Hydrofarm Holdings Group, Inc. (HYFM)
  • Village Farms International, Inc. (VFF)

Competitive Landscape

The CEA industry is highly competitive, with established agricultural companies and emerging startups vying for market share. Local Bounti aims to differentiate itself through its proprietary technology, sustainable farming practices, and strong retail partnerships.

Major Acquisitions

Pete's

  • Year: 2022
  • Acquisition Price (USD millions): 122.5
  • Strategic Rationale: Expanded product offerings and geographic reach through acquisition of a leading greenhouse grower.

Growth Trajectory and Initiatives

Historical Growth: Local Bounti has experienced rapid revenue growth as it expands its production capacity and distribution network.

Future Projections: Analysts project continued revenue growth for Local Bounti as it executes its expansion plans and gains market share. Profitability is expected to improve in the coming years.

Recent Initiatives: Recent initiatives include the construction of new greenhouses, expansion into new geographic markets, and the development of new product lines.

Summary

Local Bounti is a high-growth company in the CEA industry with proprietary technology and strong retail partnerships. While not yet profitable, the company is aggressively expanding its production capacity and distribution network. Key areas to watch include the company's ability to execute its expansion plans, manage its cash flow, and compete effectively in a rapidly evolving market.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company filings (SEC)
  • Analyst reports
  • Industry publications
  • Company website

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on thorough research and consultation with a qualified financial advisor. Market share data are estimates and may vary.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Local Bounti Corp

Exchange NYSE
Headquaters Hamilton, MT, United States
IPO Launch date 2021-04-19
CEO, President & CFO Ms. Kathleen Valiasek
Sector Consumer Defensive
Industry Farm Products
Full time employees 333
Full time employees 333

Local Bounti Corporation produces and sells fresh greens in the United States. The company offers lettuce, arugula, spinach, basil, herbs, berries, and loose-leaf lettuce. It sells its products to food retailers and food service distributors. The company was founded in 2018 and is headquartered in Hamilton, Montana.