YOU logo

Clear Secure, Inc.NYSE:YOU Stock Report

Market Cap US$4.0b
Share Price
US$29.41
My Fair Value
AN
AnalystConsensusTarget
US$29
0.5% overvalued intrinsic discount
1Y42.1%
7D-1.8%
Portfolio Value
​
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Clear Secure, Inc.

NYSE:YOU Stock Report

Market Cap: US$4.0b

Clear Secure (YOU) Stock Overview

Operates a secure identity platform under the CLEAR brand name primarily in the United States. More details

YOU fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance6/6
Financial Health5/6
Dividends3/6

Rewards

Trading at 59.3% below our estimate of its fair value

Earnings grew by 238.1% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 2.1% per year for the next 3 years

Significant insider selling over the past 3 months


YOU Community Fair Values

Create Narrative

See what 246 others think this stock is worth. Follow their fair value or set your own to get alerts.

YOU logo
Clear Secure
AN
AnalystConsensusTarget
AnalystConsensusTarget
Consensus Narrative from 8 Analysts

Biometric Expansion Will Improve Efficiency, But Leadership Changes May Introduce Risks

Key Takeaways Clear's NextGen Identity platform and automation partnerships enhance efficiency and market reach, leading to potential revenue growth and cost-saving benefits. Expansion into non-airport locations and pricing adjustments aim to boost revenue through wider market capture and improved member retention.
View narrative
US$29.25
FV
0.5% overvalued intrinsic discount
9.76%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
117users have followed this narrative
Updated narrative
YOU logo
Clear Secure
AN
AnalystHighTarget
AnalystHighTarget
Consensus Narrative from 8 Analysts

Expanding Digital Identity And Biometric Verification Will Offer Mixed Prospects

Key Takeaways Expansion into new technologies and sectors, along with key partnerships, is driving diversified recurring revenue and operational efficiencies. Regulatory support and strategic pricing are strengthening growth, retention, and long-term profitability.
View narrative
US$43.02
FV
31.6% undervalued intrinsic discount
11.59%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
2users have followed this narrative
8 days ago author updated this narrative
YOU logo
Clear Secure
DA
DailyInvestors
Community Contributor

A Technology Company on a whole different Level

Stock Market Company of the Month: "YOU " Clean Secure" has been making recent headlines from various Money Management Corporations. YOU in the past three months has reached over 80% gain.
View narrative
US$50.00
FV
41.2% undervalued intrinsic discount
15.18%
Revenue growth p.a.
1users have liked this narrative
0users have commented on this narrative
3users have followed this narrative
10 months ago author updated this narrative
YOU logo
Clear Secure
AN
AnalystLowTarget
AnalystLowTarget
Consensus Narrative from 8 Analysts

Credit Card Gaps And TSA PreCheck Challenges Will Weaken Operations

Key Takeaways Discontinuation of deep discounts may impact member retention and revenue stability, as price adjustments risk alienating existing customers. Dependence on government partnerships and processes could slow execution and delay expected revenue benefits in airport technology enhancements.
View narrative
US$23.00
FV
27.9% overvalued intrinsic discount
8.63%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
8 days ago author updated this narrative
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Clear Secure, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Clear Secure
Historical stock prices
Current Share PriceUS$29.41
52 Week HighUS$38.88
52 Week LowUS$18.23
Beta1.22
1 Month Change5.11%
3 Month Change16.94%
1 Year Change42.08%
3 Year Change8.28%
5 Year Changen/a
Change since IPO-26.48%

Recent News & Updates

Clear Secure: Ingredients Of A Textbook Short Squeeze

Jul 10

Benign Growth For Clear Secure, Inc. (NYSE:YOU) Underpins Its Share Price

Jul 04
Benign Growth For Clear Secure, Inc. (NYSE:YOU) Underpins Its Share Price

Recent updates

Clear Secure: Ingredients Of A Textbook Short Squeeze

Jul 10

Benign Growth For Clear Secure, Inc. (NYSE:YOU) Underpins Its Share Price

Jul 04
Benign Growth For Clear Secure, Inc. (NYSE:YOU) Underpins Its Share Price

Clear Secure: CLEAR1 Is The Hidden Catalyst Investors Are Overlooking

Apr 30

Clear Secure: Strong Competitive Moat And Visible Growth Catalysts

Apr 23

Clear Secure (NYSE:YOU) Knows How To Allocate Capital Effectively

Apr 22
Clear Secure (NYSE:YOU) Knows How To Allocate Capital Effectively

Clear Secure, Inc.'s (NYSE:YOU) Low P/E No Reason For Excitement

Mar 27
Clear Secure, Inc.'s (NYSE:YOU) Low P/E No Reason For Excitement

Analyzing Clear Secure's Latest Quarterly Report, Here's Why I Rate It A Buy

Mar 12

Clear Secure: Is This Identity Verification Company At An Inflection Point?

Feb 26

What Is Clear Secure, Inc.'s (NYSE:YOU) Share Price Doing?

Jan 29
What Is Clear Secure, Inc.'s (NYSE:YOU) Share Price Doing?
author-image

Strong potential through partnerships, international expansion and wider application of biometrics

Clear Secure (YOU) has strong potential for future growth, particularly if it successfully diversifies its offerings and expands its digital identity services beyond airports.
author-image

Strong potential for Clear Secure through partnerships and wider application of biometrics

Clear Secure (YOU) has strong potential for future growth, particularly if it successfully diversifies its offerings and expands its digital identity services beyond airports.

Clear Secure: A Bullish Case Amid Market Doubt

Jan 26
author-image

YOU Market Outlook

TSA PreCheck (Transportation Security Administration):A government-operated trusted traveler program that competes directly with Clear Secure in the airport security space.TSA PreCheck offers a lower-

Clear Secure: Clearly Mixed Sentiment, Though Remaining Bullish

Dec 31

Clear Secure, Inc. (NYSE:YOU) Not Doing Enough For Some Investors As Its Shares Slump 26%

Nov 25
Clear Secure, Inc. (NYSE:YOU) Not Doing Enough For Some Investors As Its Shares Slump 26%

Clear Secure: Long-Term Growth Limited By Potentially Unstable Business Model

Nov 25

Clear Secure (NYSE:YOU) Is Achieving High Returns On Its Capital

Nov 22
Clear Secure (NYSE:YOU) Is Achieving High Returns On Its Capital

Clear Secure: Did The Market Overreact To Q3 Earnings?

Nov 09

Why Clear Secure, Inc. (NYSE:YOU) Could Be Worth Watching

Sep 27
Why Clear Secure, Inc. (NYSE:YOU) Could Be Worth Watching

Clear Secure: Q2 Earnings Reaffirm Bullish Thesis

Sep 11
author-image

Innovative Airport Technologies And Member Perks Set To Skyrocket Revenue And Member Satisfaction

Implementation of facial recognition and lane technologies aims to improve efficiency and member experience, potentially driving increased revenue through higher membership.

Clear Secure Gains: Biometric Growth Drives Q2 Success

Aug 26

Clear Secure: High Potential 2024 FCF Yield, Impressive Earnings Growth, But I Remain Neutral

Jun 11

Clear Secure, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

May 11
Clear Secure, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Wall Street Lunch: California Bill Takes Aim At Clear Secure

Apr 23

Clear Secure: Strong Growth And Prudent Financial Management

Apr 05

Clear Secure (NYSE:YOU) Is Doing The Right Things To Multiply Its Share Price

Mar 15
Clear Secure (NYSE:YOU) Is Doing The Right Things To Multiply Its Share Price

Clear Secure: Great Earnings Potential, But A High Price

Jan 30

What Does Clear Secure, Inc.'s (NYSE:YOU) Share Price Indicate?

Jan 04
What Does Clear Secure, Inc.'s (NYSE:YOU) Share Price Indicate?

The Market Lifts Clear Secure, Inc. (NYSE:YOU) Shares 30% But It Can Do More

Nov 30
The Market Lifts Clear Secure, Inc. (NYSE:YOU) Shares 30% But It Can Do More

Clear Secure Grows Profits As Travel Spending Slows

Nov 17

Clear Secure, Inc.'s (NYSE:YOU) Intrinsic Value Is Potentially 54% Above Its Share Price

Sep 12
Clear Secure, Inc.'s (NYSE:YOU) Intrinsic Value Is Potentially 54% Above Its Share Price

Clear Secure: Strong Growth Prospects But Valuation Remains High

Sep 04

Shareholder Returns

YOUUS SoftwareUS Market
7D-1.8%1.8%-0.6%
1Y42.1%33.7%16.8%

Return vs Industry: YOU exceeded the US Software industry which returned 33.7% over the past year.

Return vs Market: YOU exceeded the US Market which returned 16.8% over the past year.

Price Volatility

Is YOU's price volatile compared to industry and market?
YOU volatility
YOU Average Weekly Movement4.9%
Software Industry Average Movement7.5%
Market Average Movement6.4%
10% most volatile stocks in US Market17.4%
10% least volatile stocks in US Market3.1%

Stable Share Price: YOU has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: YOU's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20104,022Caryn Seidman-Beckerwww.clearme.com

Clear Secure, Inc. operates a secure identity platform under the CLEAR brand name primarily in the United States. Its secure identity platform, 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.

Clear Secure, Inc. Fundamentals Summary

How do Clear Secure's earnings and revenue compare to its market cap?
YOU fundamental statistics
Market capUS$3.96b
Earnings (TTM)US$176.28m
Revenue (TTM)US$802.81m
15.5x
P/E Ratio
3.4x
P/S Ratio

Is YOU overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
YOU income statement (TTM)
RevenueUS$802.81m
Cost of RevenueUS$299.11m
Gross ProfitUS$503.70m
Other ExpensesUS$327.43m
EarningsUS$176.28m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Aug 05, 2025

Earnings per share (EPS)1.90
Gross Margin62.74%
Net Profit Margin21.96%
Debt/Equity Ratio0%

How did YOU perform over the long term?

See historical performance and comparison

Dividends

2.6%
Current Dividend Yield
24%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/31 04:00
End of Day Share Price 2025/07/31 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Clear Secure, Inc. is covered by 12 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Benjamin MillerGoldman Sachs
Cory CarpenterJ.P. Morgan