CLEAR Secure (NYSE:YOU) Given New $38.00 Price Target at Telsey Advisory Group

CLEAR Secure (NYSE:YOU) had its price objective lifted by investment analysts at Telsey Advisory Group from $37.00 to $38.00 in a report issued on Friday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Telsey Advisory Group’s price target would indicate a potential upside of 7.69% from the stock’s current price.

A number of other equities analysts also recently issued reports on YOU. DA Davidson started coverage on CLEAR Secure in a research note on Tuesday, September 16th. They set a “buy” rating and a $45.00 price target for the company. Stifel Nicolaus set a $38.00 target price on CLEAR Secure in a research report on Thursday. The Goldman Sachs Group reiterated a “buy” rating and set a $41.00 price target on shares of CLEAR Secure in a report on Thursday. Wall Street Zen upgraded CLEAR Secure from a “hold” rating to a “buy” rating in a research note on Sunday, November 2nd. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of CLEAR Secure in a report on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, CLEAR Secure has an average rating of “Hold” and a consensus price target of $38.67.

CLEAR Secure Trading Up 10.2%

Shares of YOU traded up $3.27 during trading hours on Friday, reaching $35.29. The stock had a trading volume of 799,499 shares, compared to its average volume of 1,860,632. The firm has a 50-day simple moving average of $33.71 and a 200 day simple moving average of $30.02. CLEAR Secure has a 12 month low of $21.67 and a 12 month high of $39.00. The company has a market capitalization of $4.69 billion, a price-to-earnings ratio of 22.02 and a beta of 1.23.

CLEAR Secure (NYSE:YOU) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.02. CLEAR Secure had a net margin of 21.17% and a return on equity of 122.69%. The firm had revenue of $229.19 million for the quarter, compared to the consensus estimate of $224.80 million. During the same quarter in the prior year, the company posted $0.30 earnings per share. The business’s revenue was up 15.5% on a year-over-year basis. CLEAR Secure has set its Q4 2025 guidance at EPS. On average, equities analysts forecast that CLEAR Secure will post 0.98 EPS for the current year.

Insider Activity

In other news, President Michael Z. Barkin sold 16,050 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $35.22, for a total transaction of $565,281.00. Following the completion of the sale, the president owned 12,725 shares in the company, valued at $448,174.50. This trade represents a 55.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Dennis W. Liu sold 2,027 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $36.00, for a total value of $72,972.00. Following the completion of the transaction, the chief accounting officer owned 11,896 shares in the company, valued at approximately $428,256. The trade was a 14.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 36,027 shares of company stock valued at $1,250,703 in the last three months. Company insiders own 39.73% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Geneos Wealth Management Inc. boosted its holdings in shares of CLEAR Secure by 329.5% in the first quarter. Geneos Wealth Management Inc. now owns 975 shares of the company’s stock worth $25,000 after acquiring an additional 748 shares during the period. Advisors Asset Management Inc. purchased a new stake in CLEAR Secure during the 1st quarter worth about $28,000. Steigerwald Gordon & Koch Inc. bought a new position in CLEAR Secure in the 3rd quarter worth about $50,000. BI Asset Management Fondsmaeglerselskab A S purchased a new position in CLEAR Secure during the 1st quarter valued at about $41,000. Finally, Strs Ohio bought a new stake in shares of CLEAR Secure during the third quarter valued at about $53,000. 73.80% of the stock is owned by 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.