LOCL
Local Bounti Corporation
NYSE · Consumer Defensive · Agricultural Farm Products · US
$1.14
+3.18%Price chart
Aug 6Aug 11Aug 14Aug 19Aug 24Aug 27Sep 1Sep 4
ValuationView details →
P/E (Fwd)
—
EV/EBITDA
−18.5x
Market Cap
$26.54M
MomentumView details →
1D Return
+3.18%
YTD Return
−46.73%
RSI (14)
56.5
ValuationView details →
P/E (Fwd)
—
EV/EBITDA
−18.5x
Market Cap
$26.54M
RSI (14)
56.5
MomentumView details →
1D Return
+3.18%
YTD Return
−46.73%
SummaryUpdated Jun 1, 2026
Local Bounti Corporation (NASDAQ:LOCL) is a controlled environment agriculture company founded in 2018 and headquartered in Hamilton, Montana. The company went public in April 2021 through a SPAC merger. Local Bounti operates indoor vertical farming facilities that produce fresh leafy greens and herbs using proprietary technology called Stack & Flow. The company has experienced rapid growth since its founding but faces significant financial challenges as it scales operations across multiple states while burning cash and carrying substantial debt.
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Local Bounti Corporation reported Q2 2026 revenue of $13.9 million, up 14% year-over-year, with a GAAP net loss of $19.8 million and diluted EPS of -$0.68.24d agoLocal Bounti Corporation completed a private placement of a $12.5 million convertible note and a warrant to purchase 1,000,000 shares of its common stock, relying on Section 4(a)(2) of the Securities Act and Rule 506 of Regulation D.29d ago