CLEAR Secure (NYSE:YOU) Price Target Raised to $90.00

CLEAR Secure (NYSE:YOU – Get Free Report) had its target price increased by equities research analysts at Needham & Company LLC from $70.00 to $90.00 in a report released on Wednesday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Needham & Company LLC‘s target price would indicate a potential upside of 53.14% from the stock’s current price.

A number of other analysts have also recently issued reports on YOU. Weiss Ratings raised shares of CLEAR Secure from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Wall Street Zen cut shares of CLEAR Secure from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 5th. DA Davidson dropped their target price on shares of CLEAR Secure from $55.00 to $45.00 and set a “neutral” rating for the company in a report on Friday, September 11th. JPMorgan Chase & Co. started coverage on CLEAR Secure in a research note on Monday, August 24th. They issued an “overweight” rating and a $55.00 price target for the company. Finally, The Goldman Sachs Group set a $70.00 price target on CLEAR Secure in a research note on Monday, July 20th. Five equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $61.14.

Read Our Latest Report on CLEAR Secure

CLEAR Secure Trading Up 23.1%

CLEAR Secure stock traded up $11.01 during midday trading on Wednesday, hitting $58.77. The stock had a trading volume of 5,569,970 shares, compared to its average volume of 1,657,615. The firm’s fifty day moving average is $43.10 and its two-hundred day moving average is $47.62. The company has a market capitalization of $7.95 billion, a PE ratio of 40.06 and a beta of 0.99. CLEAR Secure has a 52-week low of $30.76 and a 52-week high of $69.07.

CLEAR Secure (NYSE:YOU – Get Free Report) last released its earnings results on Wednesday, November 4th. The company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.04. CLEAR Secure had a net margin of 14.78% and a return on equity of 71.51%. The company had revenue of $292.85 million for the quarter, compared to analysts’ expectations of $286.65 million. During the same quarter last year, the business earned $0.29 EPS. The firm’s revenue was up 27.8% compared to the same quarter last year. As a group, equities research analysts predict that CLEAR Secure will post 1.88 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other CLEAR Secure news, EVP Kyle McLaughlin sold 4,499 shares of the stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $44.47, for a total transaction of $200,070.53. Following the completion of the sale, the executive vice president directly owned 29,519 shares of the company’s stock, valued at $1,312,709.93. This trade represents a 13.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, President Michael Z. Barkin sold 11,444 shares of CLEAR Secure stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $45.00, for a total transaction of $514,980.00. Following the sale, the president owned 11,550 shares in the company, valued at approximately $519,750. The trade was a 49.77% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 18,047 shares of company stock worth $808,615 in the last three months. 29.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On CLEAR Secure

Several institutional investors have recently bought and sold shares of the stock. Parallel Advisors LLC lifted its stake in CLEAR Secure by 2,283.3% in the 1st quarter. Parallel Advisors LLC now owns 715 shares of the company’s stock worth $35,000 after purchasing an additional 685 shares in the last quarter. Rockefeller Capital Management L.P. grew its position in shares of CLEAR Secure by 92.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,108 shares of the company’s stock valued at $39,000 after purchasing an additional 532 shares in the last quarter. Reyes Financial Architecture Inc. purchased a new position in shares of CLEAR Secure during the third quarter valued at about $55,000. IFP Advisors Inc increased its holdings in shares of CLEAR Secure by 162.0% in the second quarter. IFP Advisors Inc now owns 1,991 shares of the company’s stock worth $111,000 after purchasing an additional 1,231 shares during the last quarter. Finally, Globeflex Capital L P bought a new stake in shares of CLEAR Secure in the second quarter worth about $128,000. 73.80% of the stock is owned by hedge funds and other institutional investors.

More CLEAR Secure News

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

  • Positive Sentiment: Third-quarter revenue rose 27.8% year over year to $292.9 million, topping estimates, while diluted earnings of $0.52 per share also beat the $0.48 consensus. Bookings increased 24.4% to $323.5 million. CLEAR Announces Third Quarter 2026 Financial Results
  • Positive Sentiment: Profitability improved: net income was $75.3 million, and adjusted EBITDA was $103.9 million. Net and adjusted EBITDA margins expanded by 600 and 490 basis points, respectively, year over year. CLEAR Announces Third Quarter 2026 Financial Results
  • Positive Sentiment: Fourth-quarter guidance calls for revenue of $299 million to $302 million, implying 24.8% growth at the midpoint. CLEAR also raised its minimum full-year free-cash-flow outlook to $490 million from $480 million. Q4 Revenue Guidance
  • Positive Sentiment: The company reported growth in its customer base, with total CLEAR members up 30.7% and active CLEAR+ members up 14.5% year over year. Its board also authorized an additional $175 million for share repurchases and declared a $0.15 quarterly dividend. CLEAR Announces Third Quarter 2026 Financial Results
  • Negative Sentiment: Third-quarter operating cash flow and free cash flow were negative, reflecting an approximately $315 million settlement of accrued partnership liabilities. The company attributed the outflow to that settlement and raised its full-year free-cash-flow guidance. CLEAR Announces Third Quarter 2026 Financial Results

About CLEAR Secure

(Get Free Report)

CLEAR Secure, Inc provides identity verification and secure access services through its CLEAR platform. The company uses biometric authentication and other identity technologies to help verify individuals and streamline access to participating locations and services.

Its consumer offerings include CLEAR Plus, a membership service that allows enrolled members to verify their identities at participating airports, and CLEAR Reserve, which enables travelers to reserve a time to proceed through select airport security checkpoints.

Further Reading

Analyst Recommendations for CLEAR Secure (NYSE:YOU)

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