Local Bounti Corporation (LOCL) is a publicly traded Consumer Defensive sector company. As of May 21, 2026, LOCL trades at $1.92 with a market cap of $40.58M and a P/E ratio of -0.61. LOCL moved +1.59% today. Year to date, LOCL is -13.18%; over the trailing twelve months it is -14.73%. Its 52-week range spans $0.98 to $5.75. Rallies surfaces LOCL's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.
What changed in LOCL news today?
Local Bounti Reports 38% Q1 Revenue Growth to $4.1M, Unveils $5M Cost Plan: Local Bounti delivered 38% Q1 2026 revenue growth to $4.1 million, driven by ramp-up at its Texas vertical farm and new supermarket contracts. The company initiated a $5 million annual cost-reduction program and tightened 2026 revenue guidance to $48 million–$52 million.
Hurlbert Craig M. sold 100.00K (~$116.00K) on Apr 1, 2026.
VALIASEK KATHLEEN sold 200.00K (~$232.00K) on Apr 1, 2026.
Nordby Matthew sold 1.00K (~$2.22K) on Jan 7, 2026.
LOCL Analyst Consensus
LOCL analyst coverage data. Average price target: $0.00.
Common questions about LOCL
What changed in LOCL news today?
Local Bounti Reports 38% Q1 Revenue Growth to $4.1M, Unveils $5M Cost Plan: Local Bounti delivered 38% Q1 2026 revenue growth to $4.1 million, driven by ramp-up at its Texas vertical farm and new supermarket contracts. The company initiated a $5 million annual cost-reduction program and tightened 2026 revenue guidance to $48 million–$52 million.
Does Rallies summarize LOCL news?
Yes. Rallies summarizes LOCL news with ticker-specific context, catalysts, source links, and AI-generated market summaries when news is available.
Is LOCL research on Rallies investment advice?
No. Rallies provides research, data, and educational context for LOCL. It does not provide personalized investment advice.
