Wells Fargo & Company Issues Positive Forecast for CLEAR Secure (NYSE:YOU) Stock Price

CLEAR Secure (NYSE:YOU) had its price target hoisted by research analysts at Wells Fargo & Company from $25.00 to $29.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has an “underweight” rating on the stock. Wells Fargo & Company‘s price objective indicates a potential downside of 19.60% from the stock’s current price.

Several other research analysts have also weighed in on the company. Telsey Advisory Group lifted their target price on CLEAR Secure from $37.00 to $38.00 and gave the stock an “outperform” rating in a report on Friday. Zacks Research lowered CLEAR Secure from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. The Goldman Sachs Group increased their price objective on CLEAR Secure from $37.00 to $41.00 and gave the stock a “buy” rating in a report on Thursday. Stifel Nicolaus set a $38.00 price target on CLEAR Secure in a research report on Thursday. Finally, DA Davidson initiated coverage on shares of CLEAR Secure in a report on Tuesday, September 16th. They issued a “buy” rating and a $45.00 price objective on the stock. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $39.33.

CLEAR Secure Stock Up 12.6%

Shares of CLEAR Secure stock traded up $4.05 during trading on Friday, reaching $36.07. 3,847,812 shares of the company were exchanged, compared to its average volume of 1,870,358. The business has a 50-day moving average price of $33.71 and a 200-day moving average price of $30.02. The firm has a market capitalization of $4.79 billion, a price-to-earnings ratio of 22.54 and a beta of 1.23. CLEAR Secure has a twelve month low of $21.67 and a twelve month high of $39.00.

CLEAR Secure (NYSE:YOU) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.02. CLEAR Secure had a net margin of 21.17% and a return on equity of 122.69%. The business had revenue of $229.19 million for the quarter, compared to analyst estimates of $224.80 million. During the same quarter last year, the firm earned $0.30 EPS. CLEAR Secure’s quarterly revenue was up 15.5% compared to the same quarter last year. CLEAR Secure has set its Q4 2025 guidance at EPS. On average, equities research analysts forecast that CLEAR Secure will post 0.98 EPS for the current fiscal year.

Insider Buying and Selling at CLEAR Secure

In other news, CAO Dennis W. Liu sold 2,027 shares of CLEAR Secure stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $36.00, for a total value of $72,972.00. Following the completion of the transaction, the chief accounting officer owned 11,896 shares of the company’s stock, valued at $428,256. This trade represents a 14.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, President Michael Z. Barkin sold 16,050 shares of the business’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $35.22, for a total transaction of $565,281.00. Following the transaction, the president owned 12,725 shares in the company, valued at $448,174.50. This represents a 55.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 36,027 shares of company stock worth $1,250,703 over the last quarter. 39.73% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Durable Capital Partners LP boosted its position in CLEAR Secure by 153.1% during the second quarter. Durable Capital Partners LP now owns 7,490,351 shares of the company’s stock worth $207,932,000 after purchasing an additional 4,531,161 shares during the period. First Trust Advisors LP lifted its stake in shares of CLEAR Secure by 36.3% during the 2nd quarter. First Trust Advisors LP now owns 3,027,758 shares of the company’s stock worth $84,051,000 after buying an additional 805,795 shares during the last quarter. Copeland Capital Management LLC lifted its stake in shares of CLEAR Secure by 25.2% during the 2nd quarter. Copeland Capital Management LLC now owns 2,474,330 shares of the company’s stock worth $68,687,000 after buying an additional 497,871 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in CLEAR Secure by 35.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,633,346 shares of the company’s stock valued at $42,320,000 after buying an additional 430,035 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of CLEAR Secure by 10.7% during the second quarter. JPMorgan Chase & Co. now owns 1,479,594 shares of the company’s stock worth $41,074,000 after acquiring an additional 143,012 shares during the period. 73.80% of the stock is owned by institutional investors and hedge funds.

CLEAR Secure Company Profile

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.