CLEAR Secure (NYSE:YOU) Price Target Raised to $75.00

Key Points

• JPMorgan raised CLEAR Secure’s price target from $55 to $75 and maintained an Overweight rating, implying roughly 33% upside from the cited share price.
• CLEAR beat third-quarter expectations, with revenue up 27.8% year over year to $292.9 million and EPS of $0.52 versus a $0.48 consensus. Membership also grew, and the company raised its 2026 free-cash-flow outlook to at least $490 million.
• Analyst views are mixed: the consensus rating is Hold with a $66.86 target, while individual targets range from $45 to $90.

CLEAR Secure (NYSE:YOU - Get Free Report) had its price target boosted by investment analysts at JPMorgan Chase & Co. from $55.00 to $75.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage presently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s target price suggests a potential upside of 32.99% from the stock's current price.

Several other research analysts have also issued reports on YOU. Wall Street Zen lowered shares of CLEAR Secure from a "strong-buy" rating to a "buy" rating in a research report on Saturday, September 5th. Needham & Company LLC upped their price objective on CLEAR Secure from $70.00 to $90.00 and gave the company a "buy" rating in a research note on Wednesday. Weiss Ratings raised CLEAR Secure from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, October 8th. The Goldman Sachs Group restated a "buy" rating and issued a $80.00 target price on shares of CLEAR Secure in a research note on Wednesday. Finally, DA Davidson lowered their target price on CLEAR Secure from $55.00 to $45.00 and set a "neutral" rating for the company in a research note on Friday, September 11th. Five analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, CLEAR Secure currently has an average rating of "Hold" and a consensus price target of $66.86.

CLEAR Secure Stock Performance

Shares of YOU traded down $2.69 during trading hours on Thursday, reaching $56.40. 2,557,532 shares of the company traded hands, compared to its average volume of 1,668,523. CLEAR Secure has a 1-year low of $30.98 and a 1-year high of $69.07. The stock has a market cap of $7.63 billion, a P/E ratio of 38.36 and a beta of 0.99. The stock's fifty day moving average is $43.39 and its 200 day moving average is $47.74.

CLEAR Secure (NYSE:YOU - Get Free Report) last released its quarterly earnings data on Wednesday, November 4th. The company reported $0.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.48 by $0.04. CLEAR Secure had a return on equity of 71.51% and a net margin of 14.78%. The business had revenue of $292.85 million for the quarter, compared to analysts' expectations of $286.65 million. During the same period in the previous year, the business posted $0.29 earnings per share. CLEAR Secure's quarterly revenue was up 27.8% on a year-over-year basis. On average, equities research analysts predict that CLEAR Secure will post 1.88 EPS for the current year.

Insider Transactions at CLEAR Secure

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 owned 29,519 shares of the company's stock, valued at approximately $1,312,709.93. This represents a 13.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 the 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 directly owned 11,550 shares of the company's stock, valued at $519,750. This represents a 49.77% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 18,047 shares of company stock worth $808,615 over the last ninety days. 29.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of YOU. Arrowstreet Capital Limited Partnership increased its holdings in shares of CLEAR Secure by 0.3% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,680,942 shares of the company's stock valued at $129,784,000 after acquiring an additional 8,883 shares in the last quarter. Congress Asset Management Co. bought a new position in shares of CLEAR Secure in the 3rd quarter worth $78,843,000. Copeland Capital Management LLC lifted its holdings in shares of CLEAR Secure by 4.7% in the 3rd quarter. Copeland Capital Management LLC now owns 1,761,051 shares of the company's stock worth $73,876,000 after purchasing an additional 78,553 shares in the last quarter. Dimensional Fund Advisors LP grew its position in CLEAR Secure by 2.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,711,291 shares of the company's stock valued at $82,848,000 after purchasing an additional 40,880 shares during the period. Finally, Wedge Capital Management L L P NC acquired a new stake in CLEAR Secure in the 2nd quarter valued at $82,542,000. Institutional investors and hedge funds own 73.80% of the company's stock.

Key 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, beating expectations, while diluted EPS of $0.52 topped the $0.48 consensus. CLEAR also forecast fourth-quarter revenue of $299 million to $302 million and raised its 2026 free-cash-flow outlook to at least $490 million. CLEAR third-quarter results
• Positive Sentiment: Membership expanded: total members increased 30.7% year over year to 46.7 million, and active CLEAR+ members grew 14.5% to 8.5 million. The company also authorized an additional $175 million for share repurchases and declared a $0.15 quarterly dividend. CLEAR third-quarter results
• Positive Sentiment: Needham raised its price target to $90 from $70 and maintained a Buy rating, signaling confidence in further upside. Needham analyst ratings
• Neutral Sentiment: A new partnership with goop kitchen will offer travel-focused menu items and CLEAR+ member perks. It may support brand engagement, though the announcement did not disclose a financial impact. CLEAR and goop kitchen partnership
• Negative Sentiment: Wells Fargo raised its target to $50 from $45 but kept an Underweight rating; the new target remains below the stock’s recent $56.40 reference price. Also, operating cash flow and free cash flow were negative in the quarter, reflecting an approximately $315 million settlement of accrued partnership liabilities. Wells Fargo analyst ratings

About CLEAR Secure

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.

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