Local Bounti (LOCL) Projected to Announce Earnings on Wednesday

Local Bounti (NYSE:LOCL) will likely be issuing its Q2 2026 results before the market opens on Wednesday, August 12th. Analysts expect Local Bounti to post earnings of ($0.50) per share and revenue of $22.00 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Wednesday, August 12, 2026 at 8:00 AM ET.

Local Bounti (NYSE:LOCL) last posted its quarterly earnings results on Wednesday, May 13th. The company reported ($0.53) EPS for the quarter, meeting the consensus estimate of ($0.53). The company had revenue of $13.34 million for the quarter, compared to analysts’ expectations of $19.00 million.

Local Bounti Trading Up 1.0%

LOCL opened at $1.03 on Wednesday. The stock has a fifty day moving average price of $1.30 and a 200 day moving average price of $1.57. Local Bounti has a 1 year low of $0.98 and a 1 year high of $4.00. The stock has a market cap of $23.48 million, a price-to-earnings ratio of -0.28 and a beta of 2.72.

Insider Buying and Selling

In other news, CEO Kathleen Valiasek sold 118,720 shares of Local Bounti stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $1.30, for a total value of $154,336.00. Following the transaction, the chief executive officer owned 1,524,860 shares of the company’s stock, valued at $1,982,318. This trade represents a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 company insiders.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Local Bounti stock. Walleye Capital LLC purchased a new stake in Local Bounti Corporation (NYSE:LOCL) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 322,829 shares of the company’s stock, valued at approximately $691,000. Walleye Capital LLC owned about 1.45% of Local Bounti as of its most recent filing with the Securities & Exchange Commission. 28.01% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised Local Bounti from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Monday. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

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.