CLEAR Secure (NYSE:YOU) Given New $40.00 Price Target at Wells Fargo & Company

CLEAR Secure (NYSE:YOU) had its price objective lifted by Wells Fargo & Company from $33.00 to $40.00 in a report released on Thursday morning,Benzinga reports. They currently have an underweight rating on the stock.

YOU has been the subject of a number of other reports. Weiss Ratings restated a “hold (c+)” rating on shares of CLEAR Secure in a research note on Friday, May 1st. Zacks Research raised shares of CLEAR Secure from a “hold” rating to a “strong-buy” rating in a report on Monday, April 20th. Telsey Advisory Group raised their target price on shares of CLEAR Secure from $62.00 to $68.00 and gave the stock an “outperform” rating in a research note on Thursday. The Goldman Sachs Group restated a “buy” rating and set a $75.00 target price on shares of CLEAR Secure in a research note on Thursday. Finally, Needham & Company LLC lifted their price objective on shares of CLEAR Secure from $60.00 to $70.00 and gave the company a “buy” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $60.00.

CLEAR Secure Stock Performance

Shares of CLEAR Secure stock traded down $2.26 during trading on Thursday, hitting $55.92. The company’s stock had a trading volume of 1,184,663 shares, compared to its average volume of 1,713,860. The company has a fifty day simple moving average of $50.71 and a two-hundred day simple moving average of $40.19. The company has a market capitalization of $7.45 billion, a PE ratio of 45.13 and a beta of 1.09. CLEAR Secure has a 52 week low of $23.88 and a 52 week high of $61.68.

CLEAR Secure (NYSE:YOU) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.03. The company had revenue of $253.00 million during the quarter, compared to analyst estimates of $244.38 million. CLEAR Secure had a net margin of 13.01% and a return on equity of 68.98%. CLEAR Secure’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same period last year, the business earned $0.26 EPS. As a group, analysts predict that CLEAR Secure will post 1.62 EPS for the current year.

CLEAR Secure Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 10th will be given a dividend of $0.15 per share. The ex-dividend date is Wednesday, June 10th. This represents a $0.60 annualized dividend and a dividend yield of 1.1%. CLEAR Secure’s dividend payout ratio (DPR) is presently 53.57%.

Insider Buying and Selling at CLEAR Secure

In related news, President Michael Z. Barkin sold 22,885 shares of the business’s stock in a transaction on Sunday, March 1st. The shares were sold at an average price of $48.22, for a total value of $1,103,514.70. Following the sale, the president owned 5,669 shares in the company, valued at approximately $273,359.18. The trade was a 80.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Lynn Haaland sold 11,064 shares of the business’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $47.44, for a total transaction of $524,876.16. Following the completion of the sale, the insider owned 7,375 shares in the company, valued at $349,870. This represents a 60.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 97,488 shares of company stock worth $4,579,078. Company insiders own 39.73% of the company’s stock.

Institutional Investors Weigh In On CLEAR Secure

Several large investors have recently bought and sold shares of YOU. Royal Bank of Canada increased its position in CLEAR Secure by 59.7% in the first quarter. Royal Bank of Canada now owns 271,498 shares of the company’s stock worth $7,034,000 after purchasing an additional 101,476 shares during the last quarter. Amundi boosted its stake in CLEAR Secure by 62.5% during the first quarter. Amundi now owns 3,743 shares of the company’s stock worth $97,000 after buying an additional 1,440 shares during the period. Advisors Asset Management Inc. purchased a new position in CLEAR Secure during the first quarter worth $28,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in CLEAR Secure by 5.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 52,755 shares of the company’s stock worth $1,367,000 after buying an additional 2,801 shares during the period. Finally, NewEdge Advisors LLC boosted its stake in CLEAR Secure by 64.7% during the first quarter. NewEdge Advisors LLC now owns 4,583 shares of the company’s stock worth $119,000 after buying an additional 1,801 shares during the period. Institutional investors own 73.80% of the company’s stock.

CLEAR Secure News Summary

Here are the key news stories impacting CLEAR Secure this week:

• Positive Sentiment: Telsey Advisory raised its price target to $68 and kept an “outperform” rating, signaling continued confidence in CLEAR’s growth outlook. Finviz
• Positive Sentiment: Recent Q1 results showed strength: EPS $0.38 vs. $0.35 est., revenue $253M vs. $244M est., and ~19.7% revenue growth year-over-year — fundamentals that support longer-term upside. Clear Secure (YOU) Q1 2025 Earnings Transcript
• Positive Sentiment: CLEAR announced a quarterly cash dividend ($0.15 per share; record date June 10, payable June 24), providing modest shareholder yield and buyback/dividend optionality.
• Neutral Sentiment: Coverage and news flow are driving near-term volatility — multiple analyst actions and press pieces explain today’s move lower and increased trading activity. Why CLEAR Secure (YOU) stock is trading lower today
• Negative Sentiment: DA Davidson downgraded CLEAR from “strong-buy” to “hold” (new $60 PT). A downgrade from a previously bullish analyst can prompt selling or reduced conviction among momentum investors. DA Davidson downgrades Clear Secure (YOU)
• Negative Sentiment: Wells Fargo raised its price target (to $40) but left an “underweight” rating — the PT implies meaningful downside vs. the current price and may reinforce selling pressure from value/short-term-focused funds. Benzinga

CLEAR Secure Company Profile

CLEAR Secure, Inc operates a biometric identity platform designed to expedite identity verification for air travelers and venue guests. The company’s core offering is the CLEAR membership service, which uses fingerprint and iris scans to confirm a member’s identity and provide access to dedicated security lanes at participating airports. Members link government-issued IDs and personal biometric data via the CLEAR app, enabling faster processing through Transportation Security Administration (TSA) checkpoints and select event entrances.

Founded in 2010 by Caryn Seidman?Becker and Ken Cornick, CLEAR is headquartered in New York City.