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Local Bounti Launches Distribution at Harris Teeter Across Entire Footprint
PRNewswire (Mon, 15-Jun 8:04 AM ET)
Local Bounti Named as Exclusive CEA Honoree on the TIME World's Growth Leaders 2026 List
PRNewswire (Mon, 1-Jun 8:00 AM ET)
Local Bounti Announces First Quarter 2026 Financial Results
PRNewswire (Wed, 13-May 7:15 AM ET)
Local Bounti to Release First Quarter 2026 Financial Results on Wednesday, May 13, 2026
PRNewswire (Wed, 6-May 5:28 PM ET)
Local Bounti to Participate in the BMO Global Farm to Market Conference
PRNewswire (Mon, 4-May 8:00 AM ET)
Local Bounti Corp is a controlled environment agriculture company. The business model is based on building local facilities, operated by local teams, to deliver fresh and quality produce to local communities while maintaining a limited carbon footprint. Using proprietary technology to grow leafy greens and herbs in smart greenhouses with a cultivation process that uses less water and land than conventional agriculture, free from herbicides or pesticides. The products of the company include living lettuce, leafy greens, herbs, and others.
Local Bounti trades on the NYSE stock market under the symbol LOCL.
As of July 1, 2026, LOCL stock price climbed to $1.30 with 9,898 million shares trading.
LOCL has a beta of 2.40, meaning it tends to be more sensitive to market movements. LOCL has a correlation of 0.07 to the broad based SPY ETF.
LOCL has a market cap of $29.63 million. This is considered a Sub-Micro Cap stock.
Last quarter Local Bounti reported $13 million in Revenue and -$.53 earnings per share. This fell short of revenue expectation by $-6 million and exceeded earnings estimates by $.13.
In the last 3 years, LOCL traded as high as $6.33 and as low as $.98.
The top ETF exchange traded funds that LOCL belongs to (by Net Assets): VTI, VXF.
LOCL has underperformed the market in the last year with a return of -44.4%, while SPY returned +21.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in LOCL shares. However, LOCL has outperformed the market in the last 3 month and 2 week periods, returning +20.4% and +2.4%, while SPY returned +18.3% and -0.4%, respectively. This indicates LOCL has been having a stronger performance recently.
LOCL support price is $1.21 and resistance is $1.37 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LOCL shares will trade within this expected range on the day.