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Clear Secure Inc (YOU)



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Upturn Advisory Summary
06/20/2025: YOU (3-star) is currently NOT-A-BUY. Pass it for now.
Year Target Price $32.25
Year Target Price $32.25
1 | Strong Buy |
2 | Buy |
4 | Hold |
0 | Under performing |
1 | Sell |
Analysis of Past Performance
Type Stock | Historic Profit 32.74% | Avg. Invested days 41 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.67B USD | Price to earnings Ratio 17.05 | 1Y Target Price 29.25 |
Price to earnings Ratio 17.05 | 1Y Target Price 29.25 | ||
Volume (30-day avg) - | Beta 1.19 | 52 Weeks Range 17.91 - 38.33 | Updated Date 06/29/2025 |
52 Weeks Range 17.91 - 38.33 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 1.81% | Basic EPS (TTM) 1.62 |
Earnings Date
Report Date 2025-06-13 | When Before Market | Estimate 0.2951 | Actual 0.343 |
Profitability
Profit Margin 21.96% | Operating Margin (TTM) 16.85% |
Management Effectiveness
Return on Assets (TTM) 7.91% | Return on Equity (TTM) 117.27% |
Valuation
Trailing PE 17.05 | Forward PE - | Enterprise Value 2156791458 | Price to Sales(TTM) 4.58 |
Enterprise Value 2156791458 | Price to Sales(TTM) 4.58 | ||
Enterprise Value to Revenue 2.69 | Enterprise Value to EBITDA 13.17 | Shares Outstanding 92266304 | Shares Floating 76024124 |
Shares Outstanding 92266304 | Shares Floating 76024124 | ||
Percent Insiders 9.17 | Percent Institutions 107.77 |
Analyst Ratings
Rating 3.25 | Target Price 32.25 | Buy 2 | Strong Buy 1 |
Buy 2 | Strong Buy 1 | ||
Hold 4 | Sell - | Strong Sell 1 | |
Strong Sell 1 |
Upturn AI SWOT
Clear Secure Inc
Company Overview
History and Background
Clear Secure Inc. (YOU) was founded in 2010. It offers expedited security screening at airports and stadiums using biometric identification. The company has grown significantly since its inception, expanding its partnerships and technology offerings.
Core Business Areas
- CLEAR Plus: CLEAR Plus is the core offering, providing expedited security screening at airports using biometric identification (fingerprint or iris scan).
- CLEAR Lanes: Physical lanes located at airport security checkpoints, stadiums, and other venues.
- CLEAR Verified: A platform that verifies identity for various purposes, including age verification and secure access.
- CLEAR Health Pass: A digital health pass that allows users to securely share their health information.
Leadership and Structure
Caryn Seidman-Becker is the CEO. The company operates with a functional organizational structure, with departments focused on technology, operations, marketing, and finance.
Top Products and Market Share
Key Offerings
- CLEAR Plus: CLEAR Plus provides expedited security screening at airports using biometric identification. Estimated users exceed 5 million. Competitors include TSA PreCheck and Global Entry. Revenue from CLEAR Plus constitutes the vast majority of total revenue.
- CLEAR Verified: CLEAR Verified is a platform that verifies identity for various purposes, including age verification. Competitors include Socure and ID.me. Market share is growing as more venues and services adopt digital identity verification.
- CLEAR Health Pass: A digital health pass for sharing health information. Adoption was higher during the COVID-19 pandemic. Competitors include CommonPass and various state-level digital health platforms.
Market Dynamics
Industry Overview
The identity verification and security screening industry is growing, driven by increasing demand for seamless and secure experiences. Biometric technology is becoming more prevalent.
Positioning
Clear Secure Inc. is positioned as a premium provider of expedited security screening and identity verification services. Its competitive advantages include its brand recognition, technology, and partnerships.
Total Addressable Market (TAM)
The TAM for biometric security and identity verification is estimated to be in the billions of dollars. Clear is well-positioned to capture a significant portion of this market, particularly among frequent travelers and consumers seeking convenience.
Upturn SWOT Analysis
Strengths
- Strong brand recognition
- Established partnerships with airports and stadiums
- Proprietary technology
- Growing user base
- Premium product offering
Weaknesses
- High cost of membership
- Limited airport coverage compared to TSA PreCheck
- Dependence on partnerships
- Premium price compared to government run programs
Opportunities
- Expanding airport coverage
- Developing new identity verification products
- Partnerships with more venues and businesses
- International expansion
- Integration with digital wallets and payment platforms
Threats
- Competition from TSA PreCheck and Global Entry
- Changes in government regulations
- Data security breaches
- Economic downturn affecting travel
- New entrants in the biometric verification market
Competitors and Market Share
Key Competitors
- IDEMIA (Not Public)
- TSA PreCheck (Government)
- Global Entry (Government)
Competitive Landscape
Clear's competitive advantage lies in its technology and premium service. It competes with government-run programs (TSA PreCheck, Global Entry) by offering a more convenient and faster experience, although at a higher cost.
Major Acquisitions
Whyline
- Year: 2021
- Acquisition Price (USD millions): 120
- Strategic Rationale: To improve traffic flow and wait times in venues with Whyline virtual queueing technology.
Growth Trajectory and Initiatives
Historical Growth: Clear has experienced rapid growth in recent years, driven by increased adoption of its services.
Future Projections: Analysts project continued growth, fueled by expansion and new product development.
Recent Initiatives: Recent initiatives include expanding airport coverage, launching new identity verification products, and partnerships with sports leagues.
Summary
Clear Secure Inc. is a rapidly growing company with a strong brand and promising technology. Its core business is solid, but it needs to expand its airport presence and diversify its product offerings. Competition from government-run programs remains a key challenge. Overall, Clear is poised for continued growth in the identity verification market, but must carefully manage its expansion and competitive pressures.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company reports, industry analysis, news articles, analyst estimates. The data presented should not be taken as investment advice. Consult with a financial professional before making investment decisions.
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It should not be considered investment advice. Actual financial performance may differ from projections.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Clear Secure Inc
Exchange NYSE | Headquaters New York, NY, United States | ||
IPO Launch date 2021-06-30 | Chairman & CEO Ms. Caryn Gail Seidman-Becker | ||
Sector Technology | Industry Software - Application | Full time employees 4022 | Website https://www.clearme.com |
Full time employees 4022 | Website https://www.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. In addition, it provides RESERVE powered by CLEAR to reservation spot for airport locations; Home to Gate, a feature to help travelers plan and time their trip to the airport; CLEAR1, a B2B offering that extends secure identity platform to partners to create friction-free experiences for their customers; TSA PreCheck Enrollment Provided by CLEAR, as well as online renewal services; Sora ID that enables adding know your customer services to platform offerings; and a virtual queuing technology. The company was founded in 2010 and is headquartered in New York, New York. Clear Secure, Inc. is a subsidiary of Alclear Investments, Llc.
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