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Local Bounti (LOCL) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

LOCL Stock Forecast

Local Bounti (LOCL) stock forecast, based on 1 Wall Street analysts, predicts a 12-month average price target of $1,436.50, with a high of $1,436.50 and a low of $1,436.50. This represents a 64029.46% increase from the last price of $2.24.

- $300 $600 $900 $1 $1 High: $1436.5 Avg: $1436.5 Low: $1436.5 Last Closed Price: $2.24

LOCL Stock Rating

Local Bounti stock's rating consensus is Hold, based on 1 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 0 Buy (0.00%), 1 Hold (100.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 1 0 1 Strong Sell Sell Hold Buy Strong Buy

LOCL Forecast vs Benchmarks

TypeNameUpside
StockLocal Bounti64029.46%
SectorConsumer Defensive Stocks 12.48%
IndustryFarm Stocks 48.54%

Price Target Trends

1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$2.24$2.24$2.24
Upside/Downside---
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25-2---2
Dec, 24-2---2
Nov, 2412---3
Oct, 2412---3
Sep, 2411---2
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Apr 20, 2022Morgan Stanley$1.44K$1.40K2.66%64029.46%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
Oct 31, 2023Deutsche BankHolddowngrade

Financial Forecast

EPS Forecast

$-20 $-16 $-12 $-8 $-4 $0 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-13.71$-15.02$-15.61----
Avg Forecast$-4.71$-15.33$-9.59$-12.42$-6.16$-3.76$-4.08
High Forecast$-4.94$-16.18$-10.24$-13.27$-6.58$-4.63$-4.36
Low Forecast$-4.48$-14.49$-8.93$-11.56$-5.74$-2.88$-3.80
Surprise %191.08%-2.02%62.77%----

Revenue Forecast

$0 $40M $80M $120M $160M $200M Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$638.00K$19.47M$27.56M----
Avg Forecast$860.76K$20.26M$29.40M$39.00M$80.90M$131.10M$150.00M
High Forecast$828.75K$19.40M$27.85M$36.94M$76.64M$124.19M$142.09M
Low Forecast$892.80K$21.12M$30.95M$41.06M$85.16M$138.01M$157.91M
Surprise %-25.88%-3.88%-6.27%----

Net Income Forecast

$-150M $-120M $-90M $-60M $-30M $0 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-55.78M$-100.64M$-124.02M----
Avg Forecast$-37.42M$-121.80M$-76.14M$-98.62M$-48.93M$-29.83M$-32.41M
High Forecast$-39.23M$-128.53M$-81.36M$-105.38M$-52.29M$-36.78M$-34.63M
Low Forecast$-35.61M$-115.08M$-70.93M$-91.87M$-45.58M$-22.88M$-30.19M
Surprise %49.06%-17.37%62.87%----

LOCL Forecast FAQ

Is Local Bounti stock a buy?

Local Bounti stock has a consensus rating of Hold, based on 1 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 0 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Local Bounti is a neutral investment for most analysts.

What is Local Bounti's price target?

Local Bounti's price target, set by 1 Wall Street analysts, averages $1.44K over the next 12 months. The price target range spans from $1.44K at the low end to $1.44K at the high end, suggesting a potential 64029.46% change from the previous close price of $2.24.

How does Local Bounti stock forecast compare to the average forecast of its sector, industry, and investment themes?

Local Bounti stock forecast shows a 64029.46% upside, outperforming the average forecast for the consumer defensive stocks sector (12.48%) and outperforming the farm stocks industry (48.54%).

What is the breakdown of analyst ratings for Local Bounti over the past three months?

  • January 2025: 0% Strong Buy, 100.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • December 2024: 0% Strong Buy, 100.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • November 2024: 33.33% Strong Buy, 66.67% Buy, 0% Hold, 0% Sell, 0% Strong Sell.

What is Local Bounti’s EPS forecast?

Local Bounti's average annual EPS forecast for its fiscal year ending in December is -12.42 for 2024, a -20.44% decrease from the reported $-15.61 in 2023. The prediction for 2025 is $-6.16, $-3.76 for 2026, and $-4.08 for 2027.

What is Local Bounti’s revenue forecast?

Local Bounti's average annual revenue forecast for its fiscal year ending in December is $39M for 2024, a 41.52% increase from the reported $27.56M in 2023. The forecast for 2025 is $80.9M, $131.1M for 2026, and $150M for 2027.

What is Local Bounti’s net income forecast?

For its fiscal year ending in December, Local Bounti's average annual net income forecast is $-98.623M for 2024, reflecting a -20.47% decrease from the reported $-124M in 2023. The projection for 2025 is $-48.934M, $-29.829M for 2026, and $-32.411M for 2027.