JPMorgan Chase & Co. Forecasts Strong Price Appreciation for CLEAR Secure (NYSE:YOU) Stock

CLEAR Secure (NYSE:YOU – Get Free Report) had its price objective hoisted by research analysts at JPMorgan Chase & Co. from $55.00 to $75.00 in a research report issued on Thursday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 32.99% from the company’s current price.

A number of other research analysts have also weighed in on the company. Wells Fargo & Company raised their target price on CLEAR Secure from $45.00 to $50.00 and gave the company an “underweight” rating in a report on Thursday. Needham & Company LLC upped their price target on CLEAR Secure from $70.00 to $90.00 and gave the stock a “buy” rating in a report on Wednesday. DA Davidson lowered their price target on CLEAR Secure from $55.00 to $45.00 and set a “neutral” rating for the company in a research report on Friday, September 11th. Weiss Ratings upgraded CLEAR Secure from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, October 8th. Finally, Wall Street Zen cut CLEAR Secure from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 5th. Five research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $66.86.

View Our Latest Report on CLEAR Secure

CLEAR Secure Trading Down 4.5%

Shares of YOU traded down $2.69 on Thursday, reaching $56.40. The company’s stock had a trading volume of 2,557,532 shares, compared to its average volume of 1,668,523. CLEAR Secure has a twelve month low of $30.98 and a twelve month high of $69.07. The stock has a market capitalization of $7.63 billion, a PE ratio of 38.36 and a beta of 0.99. The firm has a fifty day moving average of $43.39 and a 200-day moving average of $47.74.

CLEAR Secure (NYSE:YOU – Get Free Report) last released its quarterly earnings results 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. The business had revenue of $292.85 million during the quarter, compared to the consensus estimate of $286.65 million. CLEAR Secure had a return on equity of 71.51% and a net margin of 14.78%. The company’s quarterly revenue was up 27.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.29 EPS. As a group, equities analysts anticipate that CLEAR Secure will post 1.88 EPS for the current fiscal year.

Insider Transactions at CLEAR Secure

In other news, President Michael Barkin sold 11,444 shares of the company’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $45.00, for a total value of $514,980.00. Following the completion of the transaction, the president directly owned 11,550 shares of the company’s stock, valued at $519,750. This represents a 49.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Dennis Liu sold 2,104 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 value of $93,564.88. Following the sale, the chief accounting officer directly owned 15,870 shares of the company’s stock, valued at $705,738.90. The trade was a 11.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. Insiders have sold 18,047 shares of company stock worth $808,615 in the last 90 days. Insiders own 29.70% of the company’s stock.

Hedge Funds Weigh In On CLEAR Secure

Institutional investors have recently added to or reduced their stakes in the stock. D.A. Davidson & CO. raised its position in CLEAR Secure by 6.1% in the third quarter. D.A. Davidson & CO. now owns 5,200 shares of the company’s stock worth $218,000 after acquiring an additional 300 shares during the period. GAMMA Investing LLC boosted its position in shares of CLEAR Secure by 4.3% in the second quarter. GAMMA Investing LLC now owns 8,578 shares of the company’s stock valued at $478,000 after acquiring an additional 351 shares during the period. Arizona State Retirement System grew its position in shares of CLEAR Secure by 2.0% during the 2nd quarter. Arizona State Retirement System now owns 23,206 shares of the company’s stock valued at $1,293,000 after purchasing an additional 444 shares in the last quarter. Pictet Asset Management Holding SA increased its stake in CLEAR Secure by 3.6% in the 1st quarter. Pictet Asset Management Holding SA now owns 12,744 shares of the company’s stock worth $617,000 after acquiring an additional 447 shares during the last quarter. Finally, Pacer Advisors Inc. grew its position in CLEAR Secure by 6.9% in the first quarter. Pacer Advisors Inc. now owns 7,564 shares of the company’s stock worth $366,000 after acquiring an additional 489 shares in the last quarter. Institutional investors own 73.80% of the company’s stock.

CLEAR Secure News Roundup

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

CLEAR Secure Company Profile

(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.

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Analyst Recommendations for CLEAR Secure (NYSE:YOU)

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