Telsey Advisory Group Forecasts Strong Price Appreciation for CLEAR Secure (NYSE:YOU) Stock

CLEAR Secure (NYSE:YOU) had its price objective boosted by research analysts at Telsey Advisory Group from $62.00 to $68.00 in a research note issued to investors on Thursday, Marketbeat.com reports. The firm presently has an “outperform” rating on the stock. Telsey Advisory Group’s price objective suggests a potential upside of 20.04% from the stock’s previous close.

A number of other equities analysts also recently issued reports on the company. JPMorgan Chase & Co. raised their price objective on CLEAR Secure from $42.00 to $47.00 and gave the stock an “overweight” rating in a research report on Thursday, February 26th. Zacks Research raised CLEAR Secure from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 20th. Stifel Nicolaus raised their price objective on CLEAR Secure from $38.00 to $51.00 and gave the company a “hold” rating in a research note on Thursday, February 26th. Weiss Ratings reissued a “hold (c+)” rating on shares of CLEAR Secure in a research note on Friday, May 1st. Finally, Wells Fargo & Company raised their price objective on CLEAR Secure from $29.00 to $33.00 and gave the company an “underweight” rating in a research note on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $60.00.

CLEAR Secure Stock Down 2.6%

Shares of YOU stock opened at $56.65 on Thursday. CLEAR Secure has a twelve month low of $23.88 and a twelve month high of $61.68. The company has a market cap of $7.55 billion, a P/E ratio of 45.68 and a beta of 1.09. The business has a fifty day simple moving average of $50.71 and a 200 day simple moving average of $40.19.

CLEAR Secure (NYSE:YOU) last posted its earnings results on Wednesday, May 6th. The company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.35 by $0.03. The firm had revenue of $253.00 million during the quarter, compared to the consensus estimate of $244.38 million. CLEAR Secure had a return on equity of 68.98% and a net margin of 13.01%.The business’s quarterly revenue was up 19.7% on a year-over-year basis. During the same period last year, the company earned $0.26 earnings per share. As a group, equities research analysts anticipate that CLEAR Secure will post 1.62 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Adam Wiener sold 18,000 shares of CLEAR Secure stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $43.07, for a total transaction of $775,260.00. Following the transaction, the director owned 147,634 shares of the company’s stock, valued at $6,358,596.38. The trade was a 10.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Dennis W. Liu sold 7,950 shares of CLEAR Secure stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $48.57, for a total value of $386,131.50. Following the transaction, the chief accounting officer directly owned 10,960 shares in the company, valued at approximately $532,327.20. The trade was a 42.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 97,488 shares of company stock worth $4,579,078 in the last ninety days. Corporate insiders own 39.73% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Geneos Wealth Management Inc. boosted its position in shares of CLEAR Secure by 329.5% during the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock valued at $25,000 after buying an additional 748 shares during the last quarter. Advisors Asset Management Inc. bought a new stake in CLEAR Secure during the first quarter worth $28,000. Caitong International Asset Management Co. Ltd lifted its holdings in CLEAR Secure by 249.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 867 shares of the company’s stock worth $30,000 after acquiring an additional 619 shares during the period. Parallel Advisors LLC lifted its holdings in CLEAR Secure by 2,283.3% during the first quarter. Parallel Advisors LLC now owns 715 shares of the company’s stock worth $35,000 after acquiring an additional 685 shares during the period. Finally, Allworth Financial LP lifted its holdings in CLEAR Secure by 118.8% during the fourth quarter. Allworth Financial LP now owns 1,022 shares of the company’s stock worth $36,000 after acquiring an additional 555 shares during the period. Hedge funds and other institutional investors own 73.80% of the company’s stock.

Key Headlines Impacting CLEAR Secure

Here are the key news stories impacting CLEAR Secure this week:

• Positive Sentiment: Telsey Advisory Group raised its price target on CLEAR Secure to $68 from $62 and kept an outperform rating, signaling confidence in further upside after the company’s recent results.
• Positive Sentiment: The company reported Q1 earnings above estimates, with EPS of $0.38 versus $0.35 expected and revenue of $253.0 million versus $244.38 million expected, showing continued growth of 19.7% year over year.
• Neutral Sentiment: CLEAR Secure announced a quarterly dividend of $0.15 per share, which may support investor interest but is not likely the main driver of the stock’s move.
• Negative Sentiment: DA Davidson downgraded CLEAR Secure from strong-buy to hold, even though it set a $60 price target, suggesting the stock may be nearing fair value after its recent rally.
• Negative Sentiment: Wells Fargo raised its price target to $40 but maintained an underweight rating, indicating continued concern about the stock’s valuation and downside risk relative to current levels.

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.