CLEAR Secure (NYSE:YOU) Given New $70.00 Price Target at Needham & Company LLC

CLEAR Secure (NYSE:YOU) had its price objective boosted by Needham & Company LLC from $60.00 to $70.00 in a report released on Wednesday,Benzinga reports. The firm currently has a buy rating on the stock.

Other equities analysts have also issued reports about the company. JPMorgan Chase & Co. boosted their price objective on CLEAR Secure from $42.00 to $47.00 and gave the company an “overweight” rating in a research report on Thursday, February 26th. The Goldman Sachs Group set a $61.00 price objective on CLEAR Secure and gave the company a “buy” rating in a research report on Wednesday, February 25th. Telsey Advisory Group boosted their price objective on CLEAR Secure from $55.00 to $62.00 and gave the company an “outperform” rating in a research report on Wednesday, April 29th. DA Davidson boosted their price objective on CLEAR Secure from $54.00 to $65.00 and gave the company a “buy” rating in a research report on Thursday, March 26th. Finally, Stifel Nicolaus boosted their price objective on CLEAR Secure from $38.00 to $51.00 and gave the company a “hold” rating in a research report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, CLEAR Secure has an average rating of “Moderate Buy” and an average price target of $55.57.

CLEAR Secure Price Performance

Shares of CLEAR Secure stock opened at $60.54 on Wednesday. CLEAR Secure has a 1 year low of $23.88 and a 1 year high of $61.28. The business has a 50-day moving average of $50.22 and a two-hundred day moving average of $40.00. The company has a market capitalization of $8.07 billion, a P/E ratio of 54.05 and a beta of 1.09.

CLEAR Secure (NYSE:YOU) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.03. CLEAR Secure had a return on equity of 70.08% and a net margin of 12.12%.The business had revenue of $253.00 million for the quarter, compared to analysts’ expectations of $244.38 million. During the same quarter in the previous year, the business posted $0.26 EPS. CLEAR Secure’s revenue for the quarter was up 19.7% on a year-over-year basis. On average, equities analysts anticipate that CLEAR Secure will post 1.62 EPS for the current fiscal year.

CLEAR Secure Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 10th will be issued a $0.15 dividend. The ex-dividend date is Wednesday, June 10th. This represents a $0.60 annualized dividend and a dividend yield of 1.0%. CLEAR Secure’s dividend payout ratio (DPR) is presently 53.57%.

Insider Buying and Selling

In other news, insider Lynn Haaland sold 15,533 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $45.00, for a total value of $698,985.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Adam Wiener sold 18,000 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $43.07, for a total value of $775,260.00. Following the completion of 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 position. The disclosure for this sale is available in the SEC filing. Insiders have sold 97,488 shares of company stock worth $4,579,078 over the last 90 days. 39.73% of the stock is currently owned by insiders.

Hedge Funds Weigh In On CLEAR Secure

Several hedge funds have recently modified their holdings of YOU. Durable Capital Partners LP grew its holdings in shares of CLEAR Secure by 153.1% in the 2nd quarter. Durable Capital Partners LP now owns 7,490,351 shares of the company’s stock valued at $207,932,000 after acquiring an additional 4,531,161 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its holdings in shares of CLEAR Secure by 6,038.7% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,463,717 shares of the company’s stock valued at $48,859,000 after acquiring an additional 1,439,873 shares in the last quarter. Squarepoint Ops LLC lifted its stake in CLEAR Secure by 4,573.0% in the 2nd quarter. Squarepoint Ops LLC now owns 929,033 shares of the company’s stock valued at $25,790,000 after purchasing an additional 909,152 shares during the last quarter. Norges Bank acquired a new stake in CLEAR Secure in the 4th quarter valued at about $29,500,000. Finally, Jupiter Asset Management Ltd. lifted its stake in CLEAR Secure by 260.8% in the 4th quarter. Jupiter Asset Management Ltd. now owns 879,039 shares of the company’s stock valued at $30,837,000 after purchasing an additional 635,400 shares during the last quarter. 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: Q1 results beat expectations: EPS $0.38 vs. $0.35 est., revenue $253.0M (+19.7% YoY) and expanded margins (operating income $62M; adjusted EBITDA margin 31.9%). This is the primary catalyst for the rally. PR Newswire: Q1 Results
• Positive Sentiment: Company raised guidance: Q2 revenue $268–271M (above consensus ~$256.9M) and increased full‑year free cash flow guidance from ≥$440M to ≥$465M — signaling stronger cash generation ahead. Guidance Details
• Positive Sentiment: Operational momentum: Total CLEAR members 41.0M (+31.3% YoY), Active CLEAR+ members 8.2M (+13%), total bookings $291.7M (+40.8% YoY), and strong growth in CLEAR1 and eGates rollout — supports revenue durability and upside to long‑term monetization. Operational Metrics
• Positive Sentiment: Capital returns and dividend: Board declared a $0.15 quarterly cash dividend (payable June 24, record June 10) and returned ~$56.4M in the quarter via dividends, distributions and repurchases — a shareholder‑friendly sign. Dividend & Capital Allocation
• Positive Sentiment: Analyst upgrade / price target lift: Needham raised its price target from $60 to $70 and maintains a Buy, adding third‑party validation of the company’s outlook. Benzinga: Needham Raise
• Neutral Sentiment: Earnings call transcript and continued coverage are available for deeper detail on product rollouts, CLEAR+ dynamics and margin drivers; review the transcript for management color. Earnings Call Transcript
• Neutral Sentiment: Broker and media writeups (Zacks, Yahoo, MarketBeat) echo the beat and guidance; they provide quick takes but no new material disclosures. Zacks Coverage

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.