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LOCL
Upturn stock ratingUpturn stock rating

Local Bounti Corp (LOCL)

Upturn stock ratingUpturn stock rating
$2.26
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

06/27/2025: LOCL (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

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

Number of Analysts

rating

2 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $7.5

1 Year Target Price $7.5

Analysts Price Target For last 52 week
$7.5Target price
Low$1.18
Current$2.26
high$4.75

Analysis of Past Performance

Type Stock
Historic Profit -70.65%
Avg. Invested days 21
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/27/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 49.06M USD
Price to earnings Ratio -
1Y Target Price 7.5
Price to earnings Ratio -
1Y Target Price 7.5
Volume (30-day avg) 2
Beta 2
52 Weeks Range 1.18 - 4.75
Updated Date 06/29/2025
52 Weeks Range 1.18 - 4.75
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -15.57

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Earnings Date

Report Date 2025-06-13
When After Market
Estimate -1.31
Actual -4.2112

Profitability

Profit Margin -
Operating Margin (TTM) -135.58%

Management Effectiveness

Return on Assets (TTM) -9.35%
Return on Equity (TTM) -2448.28%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 511456460
Price to Sales(TTM) 1.19
Enterprise Value 511456460
Price to Sales(TTM) 1.19
Enterprise Value to Revenue 12.37
Enterprise Value to EBITDA -1.77
Shares Outstanding 21709500
Shares Floating 2197130
Shares Outstanding 21709500
Shares Floating 2197130
Percent Insiders 89.16
Percent Institutions 3.51

Analyst Ratings

Rating 2
Target Price 7.5
Buy -
Strong Buy 2
Buy -
Strong Buy 2
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Local Bounti Corp

stock logo

Company Overview

overview logo History and Background

Local Bounti Corp, founded in 2018, focuses on sustainable indoor agriculture. It went public via SPAC merger in 2021. It leverages Stack & Flow Technologyu2122 for efficient vertical farming.

business area logo Core Business Areas

  • Hydroponic Farming: Cultivation and distribution of leafy greens and herbs using controlled environment agriculture (CEA) to offer consumers fresh produce with low carbon footprint.
  • Packaged Goods: Selling packaged salad blends and herbs to retail and foodservice customers.

leadership logo Leadership and Structure

Craig Hurlbert serves as Co-CEO. The company is structured with functional departments encompassing operations, sales, finance, and technology.

Top Products and Market Share

overview logo Key Offerings

  • Salad Blends: Various salad blends, including mixed greens and spinach. Market share is still small but growing in regional markets. Competitors include Fresh Express (private), Dole (private), and BrightFarms (private).
  • Living Lettuce: Head lettuce grown in controlled environments, sold with roots attached for extended freshness. Market share is niche, targeting environmentally conscious consumers. Competitors include Gotham Greens (private), AeroFarms (private).
  • Herbs: Fresh herbs such as basil, cilantro, and parsley. Market share is niche, targeting environmentally conscious consumers. Competitors include Gotham Greens (private), AeroFarms (private).

Market Dynamics

industry overview logo Industry Overview

The CEA market is growing rapidly, driven by demand for sustainable and locally sourced produce. Challenges include high capital costs and energy consumption.

Positioning

Local Bounti positions itself as a sustainable and technologically advanced CEA company, focusing on regional distribution and high-quality products. They are expanding across the US.

Total Addressable Market (TAM)

The TAM for CEA produce is estimated to be in the tens of billions of dollars. Local Bounti is positioned to capture a portion of this market through expansion and technology.

Upturn SWOT Analysis

Strengths

  • Proprietary Stack & Flow Technologyu2122
  • Focus on sustainability
  • Regional distribution network
  • Strong management team

Weaknesses

  • Limited operating history
  • High capital expenditure requirements
  • Negative operating margins
  • Reliance on key customers

Opportunities

  • Expansion into new geographic markets
  • Partnerships with retailers and foodservice providers
  • Development of new product lines
  • Increasing consumer demand for sustainable produce

Threats

  • Competition from established produce companies
  • Fluctuations in energy prices
  • Supply chain disruptions
  • Changes in consumer preferences

Competitors and Market Share

competitor logo Key Competitors

  • DOLE
  • APPH
  • VLGEA
  • GIII

Competitive Landscape

Local Bounti operates in a competitive market with larger, established players. Its advantages lie in technology and sustainability, while disadvantages stem from limited scale and financial resources.

Growth Trajectory and Initiatives

Historical Growth: Historical growth has been characterized by rapid revenue expansion from a small base, coupled with significant operating losses.

Future Projections: Analysts project continued revenue growth as Local Bounti expands its production capacity, but profitability remains uncertain.

Recent Initiatives: Expansion of greenhouse facilities, partnerships with retailers, and investment in technology are recent strategic initiatives.

Summary

Local Bounti is a high-growth CEA company with innovative technology and a focus on sustainability, but it faces challenges including operational losses, high capital requirements, and intense competition. The company is focused on expanding its production capacity and distribution network. Sustained losses and the need for further capital infusions remain key risks. Success depends on achieving scale and improving operational efficiencies.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company filings
  • Analyst reports
  • Industry publications

Disclaimers:

This analysis is based on available data and estimates, which are subject to change. Investing in LOCL carries significant risks.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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.