Local Bounti Corporation

NYSE:LOCL Stock Report

Market Cap: US$17.9m

Local Bounti Future Growth

Future criteria checks 2/6

Local Bounti is forecast to grow earnings and revenue by 30.7% and 45.2% per annum respectively while EPS is expected to grow by 50% per annum.

Key information

30.7%

Earnings growth rate

50.0%

EPS growth rate

Food earnings growth13.5%
Revenue growth rate45.2%
Future return on equityn/a
Analyst coverage

Low

Last updated15 Nov 2024

Recent future growth updates

Local Bounti Corporation (NYSE:LOCL) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Nov 17
Local Bounti Corporation (NYSE:LOCL) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Recent updates

Local Bounti Corporation (NYSE:LOCL) Might Not Be As Mispriced As It Looks After Plunging 30%

Nov 20
Local Bounti Corporation (NYSE:LOCL) Might Not Be As Mispriced As It Looks After Plunging 30%

Local Bounti Corporation (NYSE:LOCL) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Nov 17
Local Bounti Corporation (NYSE:LOCL) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Analysts Just Made A Major Revision To Their Local Bounti Corporation (NYSE:LOCL) Revenue Forecasts

Apr 01
Analysts Just Made A Major Revision To Their Local Bounti Corporation (NYSE:LOCL) Revenue Forecasts

An Intrinsic Calculation For Local Bounti Corporation (NYSE:LOCL) Suggests It's 37% Undervalued

Mar 31
An Intrinsic Calculation For Local Bounti Corporation (NYSE:LOCL) Suggests It's 37% Undervalued

Local Bounti Corporation (NYSE:LOCL) Analysts Are Cutting Their Estimates: Here's What You Need To Know

Nov 13
Local Bounti Corporation (NYSE:LOCL) Analysts Are Cutting Their Estimates: Here's What You Need To Know

Local Bounti GAAP EPS of -$0.30 misses by $0.03, revenue of $6.29M misses by $0.47M

Nov 10

Local Bounti reports mixed Q2 earnings; reaffirms FY22 guidance

Aug 15

Local Bounti: Sustainable Farming, Unsustainable Financials

Jun 23

Better Than Organic - Local Bounti Co-CEOs Travis Joyner, Craig Hurlbert

May 23

Local Bounti Is Bringing Controlled Environment Agriculture To The Stock Market

Dec 27

Earnings and Revenue Growth Forecasts

NYSE:LOCL - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2027150-66N/AN/A1
12/31/2026131-549212
12/31/202581-78-932
12/31/202439-114-94-282
9/30/202435-149-153-35N/A
6/30/202432-139-174-28N/A
3/31/202429-125-197-32N/A
12/31/202328-124-195-33N/A
9/30/202327-85-170-38N/A
6/30/202327-88-145-38N/A
3/31/202326-109-146-47N/A
12/31/202219-111-131-49N/A
9/30/202213-113-124-42N/A
6/30/20227-97-112-39N/A
3/31/20221-72-70-27N/A
12/31/20211-56-50-20N/A
9/30/20210-31-29-15N/A
6/30/20210-22-17-9N/A
3/31/20210-16-10-8N/A
12/31/20200-8-7-4N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: LOCL is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: LOCL is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: LOCL is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: LOCL's revenue (45.2% per year) is forecast to grow faster than the US market (9% per year).

High Growth Revenue: LOCL's revenue (45.2% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if LOCL's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 10:07
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Local Bounti Corporation is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher BarnesDeutsche Bank
Benjamin KlieveLake Street Capital Markets, LLC
Pamela KaufmanMorgan Stanley