Local Bounti (LOCL) Projected to Announce Quarterly Earnings on Wednesday

Local Bounti (NYSE:LOCL) will likely be posting its Q2 2026 results before the market opens on Wednesday, August 12th. Analysts expect the company to announce earnings of ($0.50) per share and revenue of $22.00 million for the quarter. Investors may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Wednesday, August 12, 2026 at 8:00 AM ET.

Local Bounti (NYSE:LOCL) last released its quarterly earnings data on Wednesday, May 13th. The company reported ($0.53) EPS for the quarter, hitting analysts’ consensus estimates of ($0.53). The firm had revenue of $13.34 million during the quarter, compared to analysts’ expectations of $19.00 million.

Local Bounti Stock Performance

Shares of NYSE:LOCL opened at $1.03 on Wednesday. The stock has a 50-day simple moving average of $1.30 and a 200-day simple moving average of $1.57. The stock has a market capitalization of $23.48 million, a P/E ratio of -0.28 and a beta of 2.72. Local Bounti has a 1 year low of $0.98 and a 1 year high of $4.00.

Analyst Upgrades and Downgrades

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

Insiders Place Their Bets

In related news, CEO Kathleen Valiasek sold 118,720 shares of the business’s stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $1.30, for a total value of $154,336.00. Following the completion of the sale, the chief executive officer directly owned 1,524,860 shares of the company’s stock, valued at $1,982,318. The trade was a 7.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 21.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Local Bounti

A hedge fund recently bought a new stake in Local Bounti stock. Walleye Trading LLC acquired a new position in Local Bounti Corporation (NYSE:LOCL) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 23,364 shares of the company’s stock, valued at approximately $50,000. Walleye Trading LLC owned about 0.10% of Local Bounti at the end of the most recent reporting period. 28.01% of the stock is currently owned by institutional investors.

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.