Telsey Advisory Group Reaffirms “Outperform” Rating for CLEAR Secure (NYSE:YOU)

CLEAR Secure (NYSE:YOU)‘s stock had its “outperform” rating restated by equities research analysts at Telsey Advisory Group in a research report issued to clients and investors on Friday,Benzinga reports. They currently have a $37.00 price objective on the stock. Telsey Advisory Group’s price objective would suggest a potential upside of 21.17% from the company’s current price.

YOU has been the subject of a number of other research reports. DA Davidson initiated coverage on CLEAR Secure in a research report on Tuesday, September 16th. They set a “buy” rating and a $45.00 price objective for the company. Wall Street Zen downgraded CLEAR Secure from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Stifel Nicolaus increased their price objective on CLEAR Secure from $26.00 to $28.00 and gave the company a “hold” rating in a research report on Tuesday, July 29th. The Goldman Sachs Group increased their price objective on CLEAR Secure from $33.00 to $37.00 and gave the company a “buy” rating in a research report on Wednesday, August 6th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of CLEAR Secure in a research report on Wednesday, October 8th. Four analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, CLEAR Secure currently has an average rating of “Hold” and an average target price of $34.71.

CLEAR Secure Price Performance

YOU opened at $30.54 on Friday. The company has a market capitalization of $4.06 billion, a price-to-earnings ratio of 19.09 and a beta of 1.24. CLEAR Secure has a 1-year low of $21.67 and a 1-year high of $39.00. The business has a 50 day moving average price of $34.12 and a two-hundred day moving average price of $29.91.

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

Insider Transactions at CLEAR Secure

In other news, President Michael Z. Barkin sold 20,000 shares of the company’s stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $32.81, for a total value of $656,200.00. Following the transaction, the president directly owned 12,725 shares of the company’s stock, valued at approximately $417,507.25. This represents a 61.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Adam Wiener sold 8,000 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $33.02, for a total transaction of $264,160.00. Following the completion of the transaction, the director directly owned 193,634 shares in the company, valued at $6,393,794.68. This trade represents a 3.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 61,027 shares of company stock valued at $2,074,903. 39.73% of the stock is owned by insiders.

Hedge Funds Weigh In On CLEAR Secure

Hedge funds have recently bought and sold shares of the business. New York State Common Retirement Fund lifted its stake in shares of CLEAR Secure by 6.3% in the first quarter. New York State Common Retirement Fund now owns 28,913 shares of the company’s stock valued at $749,000 after buying an additional 1,712 shares during the period. Allspring Global Investments Holdings LLC raised its position in CLEAR Secure by 54.7% in the first quarter. Allspring Global Investments Holdings LLC now owns 27,627 shares of the company’s stock worth $713,000 after purchasing an additional 9,768 shares in the last quarter. Personal CFO Solutions LLC acquired a new position in CLEAR Secure in the first quarter worth about $260,000. Principal Financial Group Inc. raised its position in CLEAR Secure by 2.3% in the first quarter. Principal Financial Group Inc. now owns 519,264 shares of the company’s stock worth $13,454,000 after purchasing an additional 11,633 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in CLEAR Secure by 132.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 23,681 shares of the company’s stock worth $614,000 after purchasing an additional 13,499 shares in the last quarter. 73.80% of the stock is owned by institutional investors and hedge funds.

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.