CLEAR Secure, Inc. (NYSE:YOU) Receives $34.71 Average PT from Brokerages

CLEAR Secure, Inc. (NYSE:YOU) has been given an average rating of “Moderate Buy” by the eight brokerages that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $34.7143.

Several research analysts have recently commented on the company. The Goldman Sachs Group boosted their price objective on CLEAR Secure from $33.00 to $37.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Wall Street Zen raised shares of CLEAR Secure from a “hold” rating to a “buy” rating in a research note on Saturday, August 30th. Wells Fargo & Company boosted their price target on shares of CLEAR Secure from $23.00 to $25.00 and gave the stock an “underweight” rating in a research note on Wednesday, August 6th. DA Davidson assumed coverage on shares of CLEAR Secure in a research note on Tuesday, September 16th. They issued a “buy” rating and a $45.00 price target for the company. Finally, Telsey Advisory Group upped their target price on shares of CLEAR Secure from $32.00 to $37.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 6th.

CLEAR Secure Price Performance

YOU opened at $36.81 on Thursday. The company has a fifty day moving average price of $33.98 and a 200-day moving average price of $28.74. The firm has a market capitalization of $4.89 billion, a P/E ratio of 23.01 and a beta of 1.27. CLEAR Secure has a one year low of $21.67 and a one year high of $39.00.

CLEAR Secure (NYSE:YOU) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.03. CLEAR Secure had a net margin of 21.17% and a return on equity of 122.69%. The firm had revenue of $219.47 million during the quarter, compared to analyst estimates of $214.90 million. During the same period in the previous year, the business earned $0.34 EPS. The business’s revenue for the quarter was up 17.6% on a year-over-year basis. CLEAR Secure has set its Q3 2025 guidance at EPS. On average, analysts expect that CLEAR Secure will post 0.98 earnings per share for the current year.

CLEAR Secure Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Stockholders of record on Wednesday, September 10th were issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Wednesday, September 10th. CLEAR Secure’s dividend payout ratio is presently 31.25%.

Insiders Place Their Bets

In other news, President Michael Z. Barkin sold 16,050 shares of the company’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $35.22, for a total value of $565,281.00. Following the completion of the sale, the president owned 12,725 shares of the company’s stock, valued at approximately $448,174.50. This represents a 55.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Adam Wiener sold 6,000 shares of the company’s stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $35.00, for a total transaction of $210,000.00. Following the completion of the sale, the director directly owned 201,634 shares of the company’s stock, valued at $7,057,190. This trade represents a 2.89% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 61,027 shares of company stock valued at $2,043,243 over the last quarter. 39.73% of the stock is owned by corporate insiders.

Institutional Trading of CLEAR Secure

Several institutional investors have recently added to or reduced their stakes in the business. Durable Capital Partners LP boosted its stake in shares of CLEAR Secure by 153.1% during the second quarter. Durable Capital Partners LP now owns 7,490,351 shares of the company’s stock valued at $207,932,000 after purchasing an additional 4,531,161 shares during the period. Wellington Management Group LLP boosted its position in CLEAR Secure by 74.9% during the 4th quarter. Wellington Management Group LLP now owns 3,322,514 shares of the company’s stock valued at $88,512,000 after buying an additional 1,422,999 shares during the period. Nuveen LLC purchased a new stake in shares of CLEAR Secure during the first quarter worth about $30,862,000. Squarepoint Ops LLC boosted its holdings in shares of CLEAR Secure by 4,573.0% during the second quarter. Squarepoint Ops LLC now owns 929,033 shares of the company’s stock worth $25,790,000 after purchasing an additional 909,152 shares during the period. Finally, Copeland Capital Management LLC boosted its holdings in shares of CLEAR Secure by 71.4% during the first quarter. Copeland Capital Management LLC now owns 1,976,459 shares of the company’s stock worth $51,210,000 after purchasing an additional 823,166 shares during the period. 73.80% of the stock is currently owned by hedge funds and other institutional investors.

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.