Stock Price Prediction

Local Bounti (LOCL) stock is currently trading at $2.91, reflecting a 2.5% pre-market gain driven by operational improvements and leadership changes. The bull case hinges on its innovative Stack & Flow Technology, which has boosted yields and expanded partnerships, alongside a clear path to achieving positive adjusted EBITDA by early 2025. Analysts project a potential upside with a 1-year price target of $8.16, supported by strong revenue growth and strategic facility expansions.

LOCL stock currently trades at $2.91, reflecting a 2.5% pre-market gain after the announcement of Kathleen Valiasek's promotion to President and CFO. Despite operational improvements and revenue growth, the company's significant debt burden and low gross profit margin (9.31%) raise concerns about financial sustainability. Bears argue that these financial challenges, coupled with the need for consistent profitability, could limit upside potential in the near term.

The market consensus for LOCL's revenue in the upcoming quarter is projected to be approximately $14M USD.

The market consensus for LOCL's eps in the upcoming quarter is projected to be approximately $3.41 USD.