Wedbush Has Pessimistic View of CLEAR Secure FY2026 Earnings

CLEAR Secure, Inc. (NYSE:YOU - Free Report) - Equities research analysts at Wedbush lowered their FY2026 earnings estimates for CLEAR Secure in a report released on Wednesday, October 22nd. Wedbush analyst S. Devitt now expects that the company will post earnings per share of $1.22 for the year, down from their previous estimate of $1.23. The consensus estimate for CLEAR Secure's current full-year earnings is $0.98 per share.

Other equities research analysts also recently issued research reports about the company. Zacks Research downgraded CLEAR Secure from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 6th. Telsey Advisory Group upped their price target on CLEAR Secure from $32.00 to $37.00 and gave the stock an "outperform" rating in a report on Wednesday, August 6th. Weiss Ratings reiterated a "hold (c+)" rating on shares of CLEAR Secure in a research note on Wednesday, October 8th. The Goldman Sachs Group boosted their target price on shares of CLEAR Secure from $33.00 to $37.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Finally, DA Davidson assumed coverage on shares of CLEAR Secure in a report on Tuesday, September 16th. They set a "buy" rating and a $45.00 price target for the company. Four investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $34.71.

CLEAR Secure Trading Down 0.3%

Shares of CLEAR Secure stock opened at $32.43 on Friday. CLEAR Secure has a twelve month low of $21.67 and a twelve month high of $39.00. The stock has a market cap of $4.31 billion, a price-to-earnings ratio of 20.27 and a beta of 1.24. The company has a fifty day moving average price of $34.47 and a 200 day moving average price of $29.64.

CLEAR Secure (NYSE:YOU - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.03. CLEAR Secure had a net margin of 21.17% and a return on equity of 122.69%. The company had revenue of $219.47 million during the quarter, compared to analyst estimates of $214.90 million. During the same quarter in the prior year, the business earned $0.34 earnings per share. The business's quarterly revenue was up 17.6% compared to the same quarter last year. CLEAR Secure has set its Q3 2025 guidance at EPS.

CLEAR Secure Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Investors of record on Wednesday, September 10th were given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Wednesday, September 10th. CLEAR Secure's dividend payout ratio is currently 31.25%.

Insider Buying and Selling

In related news, President Michael Z. Barkin sold 16,050 shares of the company's stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $35.22, for a total transaction of $565,281.00. Following the completion of the transaction, the president directly owned 12,725 shares in the company, valued at $448,174.50. This represents a 55.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Adam Wiener sold 8,000 shares of the firm's stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $33.02, for a total value of $264,160.00. Following the completion of the sale, the director owned 193,634 shares in the company, valued at $6,393,794.68. The trade was a 3.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 61,027 shares of company stock worth $2,074,903 over the last quarter. 39.73% of the stock is owned by company insiders.

Institutional Investors Weigh In On CLEAR Secure

Hedge funds have recently made changes to their positions in the business. Geneos Wealth Management Inc. boosted its position in CLEAR Secure by 329.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 975 shares of the company's stock worth $25,000 after acquiring an additional 748 shares during the period. Advisors Asset Management Inc. bought a new position in CLEAR Secure in the 1st quarter valued at about $28,000. First Horizon Advisors Inc. increased its stake in CLEAR Secure by 72.0% during the 1st quarter. First Horizon Advisors Inc. now owns 1,474 shares of the company's stock valued at $38,000 after buying an additional 617 shares during the period. BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of CLEAR Secure during the 1st quarter worth about $41,000. Finally, Twin Tree Management LP acquired a new stake in shares of CLEAR Secure in the 1st quarter worth approximately $49,000. Institutional investors own 73.80% of the company's stock.

About CLEAR Secure

Clear Secure, Inc operates a secure identity platform under the CLEAR brand name primarily in the United States. Its secure identity platform is a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking, as well as back-end. The company also offers CLEAR Plus, a consumer aviation subscription service, which enables access to predictable entry lanes in airport security checkpoints, as well as access to broader network; and CLEAR mobile app, which is used to enroll new members and improve the experience for existing members.

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