LOCL Stock Summary and Trading Ideas (Local Bounti | NYSE:LOCL)

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 May 13, 2026, LOCL stock price climbed to $1.42 with 4,802 million shares trading.

LOCL has a beta of 2.21, 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 $32.37 million. This is considered a Sub-Micro Cap stock.

Last quarter Local Bounti reported $12 million in Revenue and -$.38 earnings per share. This fell short of revenue expectation by $-3 million and exceeded earnings estimates by $.43.

In the last 3 years, LOCL traded as high as $6.33 and as low as $.36.

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 price return of -41.4% while the SPY ETF gained +27.6%. LOCL has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -18.9% and -44.1%, respectively, while the SPY returned +8.4% and +3.5%, respectively.

LOCL support price is $1.24 and resistance is $1.52 (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.