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Local Bounti - LOCL Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $33.13
  • Forecasted Upside: 800.14%
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$3.68 As of 12/5/2023 11:07 AM ET
▲ +0.07 (1.94%)

This chart shows the closing price for LOCL by one month, three months, or twelve months.

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Analyst Price Target for LOCL

Analyst Price Target is $33.13
▲ +800.14% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Local Bounti in the last 3 months. The average price target is $33.13, with a high forecast of $45.50 and a low forecast of $9.00. The average price target represents a 800.14% upside from the last price of $3.68.

This chart shows the closing price for LOCL for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 4 contributing investment analysts is to moderate buy stock in Local Bounti. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/12/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/10/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/9/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/9/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/7/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/5/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
11/4/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/4/2023

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/31/2023Deutsche Bank AktiengesellschaftReiterated RatingBuy ➝ HoldLow
8/10/2023Deutsche Bank AktiengesellschaftLower Target$12.00 ➝ $9.00Low
5/11/2023Deutsche Bank AktiengesellschaftLower Target$26.00 ➝ $13.00Low
4/3/2023Roth MkmLower TargetBuy$78.00 ➝ $39.00Low
3/30/2023OppenheimerLower TargetOutperform$169.00 ➝ $39.00Low
3/30/2023Lake Street CapitalLower TargetBuy$130.00 ➝ $45.50Low
3/20/2023Deutsche Bank AktiengesellschaftLower TargetBuy$117.00 ➝ $26.00Low
11/11/2022Morgan StanleyLower TargetEqual Weight$52.00 ➝ $35.75Low
8/16/2022Morgan StanleyLower TargetEqual Weight$78.00 ➝ $52.00Low
6/2/2022Morgan StanleyLower TargetEqual Weight$110.50 ➝ $78.00High
4/20/2022Morgan StanleyInitiated CoverageEqual Weight$110.50High
1/4/2022Deutsche Bank AktiengesellschaftInitiated CoverageBuy$117.00High
12/21/2021OppenheimerInitiated CoverageOutperform$143.00Medium
12/21/2021Roth CapitalInitiated CoverageBuy$104.00High
(Data available from 12/5/2018 forward)

News Sentiment Rating

0.32 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/8/2023
  • 3 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/7/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/7/2023
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/6/2023
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/5/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/5/2023
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
11/4/2023
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/4/2023

Current Sentiment

  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

  • No very positive mentions tracked during this time.
Local Bounti logo
Local Bounti Corporation grows and packs fresh greens 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 2018 and is headquartered in Hamilton, Montana.
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Today's Range

Now: $3.68
Low: $3.50
High: $3.70

50 Day Range

MA: $2.63
Low: $1.20
High: $4.42

52 Week Range

Now: $3.68
Low: $1.17
High: $30.42

Volume

1,554 shs

Average Volume

43,449 shs

Market Capitalization

$30.43 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.71

Frequently Asked Questions

What sell-side analysts currently cover shares of Local Bounti?

The following Wall Street research analysts have issued research reports on Local Bounti in the last twelve months: Deutsche Bank Aktiengesellschaft, Lake Street Capital, Oppenheimer Holdings Inc., and Roth Mkm.
View the latest analyst ratings for LOCL.

What is the current price target for Local Bounti?

4 Wall Street analysts have set twelve-month price targets for Local Bounti in the last year. Their average twelve-month price target is $33.13, suggesting a possible upside of 820.1%. Lake Street Capital has the highest price target set, predicting LOCL will reach $45.50 in the next twelve months. Deutsche Bank Aktiengesellschaft has the lowest price target set, forecasting a price of $9.00 for Local Bounti in the next year.
View the latest price targets for LOCL.

What is the current consensus analyst rating for Local Bounti?

Local Bounti currently has 1 hold rating and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for LOCL.

What other companies compete with Local Bounti?

Other companies that are similar to Local Bounti include S&W Seed, Origin Agritech, 10X Capital Venture Acquisition Corp. II, Village Farms International and Vintage Wine Estates. Learn More about companies similar to Local Bounti.

How do I contact Local Bounti's investor relations team?

Local Bounti's physical mailing address is ALBANY FINANCIAL CENTER SOUTH OCEAN BLVD SUITE 507 NEW PROVIDENCE, NASSAU C5, 63158. The company's listed phone number is 800-640-4016 and its investor relations email address is [email protected]. The official website for Local Bounti is leoholdings.com. Learn More about contacing Local Bounti investor relations.