Local Bounti Corporation Receives Buy Rating from Lake Street Analyst

Local Bounti Corporation (LOCL) received a Buy rating from Lake Street analyst Ben Klieve, with a price target of $10.00. Klieve has a 3-star analyst rating with a 2.9% average return and 43.96% success rate. The analyst consensus on LOCL is Moderate Buy with an average price target of $6.25. The company's shares closed at $2.51 yesterday.

Local Bounti Corporation (LOCL) stock experienced a significant upgrade in its rating from StockInvest.us, moving from a sell candidate to a hold/accumulate recommendation following Wednesday's trading session. The upgrade came after a period of decline, with the stock fluctuating 0% on Wednesday, August 13, 2025, between a day low of $2.50 and a day high of $2.50. The stock has fallen in 7 out of the last 10 trading days, resulting in a 24.92% decline over this period [1].

The technical analysis indicates that the stock is positioned in the lower part of a strong, short-term rising trend. This presents an opportunity for potential buyers, as a break of the lower trend floor at $2.50 could signal a slower rate of rise or a trend shift. The stock is expected to rise by 32.51% over the next three months, with a 90% probability of holding a price between $3.31 and $5.08 by the end of this period [1].

Despite the positive outlook, the stock faces several negative signals. A buy signal was issued from a pivot bottom point on Tuesday, August 12, 2025, but it has fallen 0% since then. The stock also holds sell signals from both short and long-term moving averages, which provide a more negative forecast. Additionally, there is a general sell signal from the relation between the two moving averages, where the long-term average is above the short-term average [1].

The support levels for the stock are at $2.22 and $2.14, with a natural risk involved if these levels are broken. The stock's low daily movements and controlled volatility indicate a very low general risk. The recommended stop-loss is set at $2.35, representing a -6.18% decrease from the current price [1].

On Thursday, August 14, 2025, Local Bounti Corporation is expected to open at $2.50 and move between $2.39 and $2.61 during the day, with a possible trading interval of +/-$0.224 (+/-9.38%) from the previous closing price. The stock is closer to the resistance level at $2.73 than the support level at $2.22, making the trading risk/reward intra-day unattractive [1].

Analysts have mixed opinions on Local Bounti Corporation. While Lake Street analyst Ben Klieve has given the stock a Buy rating with a price target of $10.00, the overall analyst consensus is a Moderate Buy with an average price target of $6.25. The company's shares closed at $2.51 yesterday [2].

Local Bounti Corporation is expected to post a loss of $1.29 per share when it reports results on August 13, 2025, for the period ending June 30, 2025. The company is anticipated to show a rise in quarterly revenue, with an estimated 31.3% increase to $12.4 million from $9.44 million a year ago. The current average analyst rating on the shares is "strong buy," with no holds or sells [3].

Despite the mixed signals and the recent decline in stock price, the upgrade to a hold/accumulate recommendation suggests that investors should monitor the stock closely for potential turnaround opportunities. The company's earnings outlook and the industry's performance will play a significant role in determining the stock's future performance.

References:
[1] https://stockinvest.us/stock/LOCL
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_L8N3U30TL:0-local-bounti-corp-expected-to-post-a-loss-of-1-29-a-share-earnings-preview/
[3] https://www.nasdaq.com/articles/local-bounti-corporation-locl-reports-q2-loss-misses-revenue-estimates