Local Bounti (LOCL) Expected to Announce Earnings on Wednesday

Local Bounti (NYSE:LOCL) will likely be releasing its Q1 2026 results before the market opens on Wednesday, May 13th. Analysts expect Local Bounti to post earnings of ($0.53) per share and revenue of $19.00 million for the quarter. Interested persons may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Wednesday, May 13, 2026 at 8:00 AM ET.

Local Bounti (NYSE:LOCL) last released its earnings results on Wednesday, March 25th. The company reported ($0.38) earnings per share for the quarter, topping the consensus estimate of ($0.60) by $0.22. The company had revenue of $12.46 million during the quarter, compared to the consensus estimate of $15.00 million.

Local Bounti Stock Performance

LOCL opened at $1.73 on Wednesday. The company has a 50-day moving average of $1.52 and a 200-day moving average of $2.07. The company has a market capitalization of $38.64 million, a P/E ratio of -0.23 and a beta of 2.78. Local Bounti has a 1-year low of $0.98 and a 1-year high of $4.00.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of Local Bounti from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the stock has a consensus rating of “Sell”.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Local Bounti stock. Walleye Capital LLC acquired a new stake in Local Bounti Corporation (NYSE:LOCL) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 322,829 shares of the company’s stock, valued at approximately $691,000. Walleye Capital LLC owned 1.45% of Local Bounti as of its most recent filing with the SEC. Institutional investors own 28.01% of the company’s stock.

Local Bounti Company Profile

Local Bounti Inc is a technology-driven indoor farming company that cultivates non-GMO leafy greens, microgreens and culinary herbs in controlled environment agriculture (CEA) facilities. By leveraging its proprietary Hybrid Growing System, the company maintains precise control over lighting, temperature and nutrient delivery, enabling year-round production of high-quality produce free from pesticides and seasonality constraints.

Headquartered in Montana, Local Bounti operates multiple cultivation centers across the United States, each designed to maximize water efficiency and minimize land use.