CLEAR Secure (NYSE:YOU) Price Target Raised to $70.00 at Needham & Company LLC

Key Points

• Needham raised its price target on CLEAR Secure from $60 to $70 and kept a "buy" rating, implying roughly a 19.8% upside; the stock's consensus from analysts is a "Moderate Buy" with an average target of $55.57.
• Quarterly results beat estimates: CLEAR reported $0.38 EPS vs. $0.35 expected and $253M revenue vs. $244.4M expected, with revenue up 19.7% year‑over‑year and strong profitability metrics (12.12% net margin, 70.08% ROE).
• Insiders have been net sellers recently—about 97,488 shares (~$4.58M) sold in the last three months—while insider ownership (~39.7%) and institutional ownership (~73.8%) remain sizable.

CLEAR Secure (NYSE:YOU - Get Free Report) had its price target hoisted by equities researchers at Needham & Company LLC from $60.00 to $70.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has a "buy" rating on the stock. Needham & Company LLC's price target points to a potential upside of 19.83% from the stock's current price.

Several other research analysts have also commented on the stock. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of CLEAR Secure in a research note on Friday. JPMorgan Chase & Co. lifted their price objective on shares of CLEAR Secure from $42.00 to $47.00 and gave the stock an "overweight" rating in a research note on Thursday, February 26th. Stifel Nicolaus lifted their price objective on shares of CLEAR Secure from $38.00 to $51.00 and gave the stock a "hold" rating in a research note on Thursday, February 26th. Telsey Advisory Group lifted their price objective on shares of CLEAR Secure from $55.00 to $62.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 29th. Finally, DA Davidson lifted their price objective on shares of CLEAR Secure from $54.00 to $65.00 and gave the stock a "buy" rating in a research note on Thursday, March 26th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, CLEAR Secure has a consensus rating of "Moderate Buy" and an average price target of $55.57.

CLEAR Secure Stock Performance

NYSE YOU traded down $0.36 on Wednesday, hitting $58.42. 1,772,412 shares of the stock were exchanged, compared to its average volume of 1,689,029. The stock has a fifty day moving average price of $49.66 and a two-hundred day moving average price of $39.79. The firm has a market capitalization of $7.79 billion, a P/E ratio of 52.25 and a beta of 1.09. CLEAR Secure has a 52-week low of $23.88 and a 52-week high of $61.28.

CLEAR Secure (NYSE:YOU - Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.38 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 12.12% and a return on equity of 70.08%. CLEAR Secure's quarterly revenue was up 19.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.26 earnings per share. Sell-side analysts expect that CLEAR Secure will post 1.62 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Lynn Haaland sold 11,064 shares of CLEAR Secure 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 directly owned 7,375 shares in the company, valued at approximately $349,870. This trade represents a 60.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Adam Wiener sold 15,000 shares of CLEAR Secure stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $50.00, for a total value of $750,000.00. Following the sale, the director owned 132,634 shares of the company's stock, valued at approximately $6,631,700. This trade represents a 10.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 97,488 shares of company stock valued at $4,579,078 in the last three months. 39.73% of the stock is owned by company insiders.

Institutional Trading of CLEAR Secure

Several institutional investors and hedge funds have recently made changes to their positions in YOU. Royal Bank of Canada raised its holdings in shares of CLEAR Secure by 59.7% in the first quarter. Royal Bank of Canada now owns 271,498 shares of the company's stock valued at $7,034,000 after acquiring an additional 101,476 shares in the last quarter. Amundi raised its holdings in shares of CLEAR Secure by 62.5% in the first quarter. Amundi now owns 3,743 shares of the company's stock valued at $97,000 after acquiring an additional 1,440 shares in the last quarter. Advisors Asset Management Inc. bought a new stake in shares of CLEAR Secure in the first quarter valued at about $28,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of CLEAR Secure by 5.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 52,755 shares of the company's stock valued at $1,367,000 after acquiring an additional 2,801 shares in the last quarter. Finally, NewEdge Advisors LLC raised its holdings in shares of CLEAR Secure by 64.7% in the first quarter. NewEdge Advisors LLC now owns 4,583 shares of the company's stock valued at $119,000 after acquiring an additional 1,801 shares in the last quarter. 73.80% of the stock is currently owned by institutional investors.

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.

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