Clear Secure, Inc. focuses on operating as a holding company for Alclear Holdings LLC that provides a member-centric secure identity platform using biometric data in the United States. The company's secure identity platform uses biometrics to automate the identity verification process through CLEAR lanes in airports. Its secure identity platform is a multi-layered infrastructure consisting of front-end, including enrollment, verification, and linking; and robust, secure, and scalable back-end. The company also offers CLEAR Plus, a consumer aviation subscription service, which enables access to predictable and fast experiences through entry lanes in airport security checkpoints across the nation, as well as a broader network; CLEAR app, a consumer-facing digital product that facilitates new user enrollment and member engagement from their mobile device; and CLEAR Pass for CBP Mobile Passport Control, a mobile app that enables digital submission of U.S. Customs and Border Protection forms and U.S. entry through the mobile passport control lane. Clear Secure, Inc. was incorporated in 2021 and is headquartered in New York, New York.
IPO Year: 2021
Exchange: NYSE
Website: clearme.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/17/2024 | $40.00 → $45.00 | Buy | Needham |
| 12/20/2023 | $20.00 | Equal Weight → Underweight | Wells Fargo |
| 10/17/2023 | $24.00 | Buy | Goldman |
| 7/5/2023 | $30.00 | Neutral | JP Morgan |
| 6/6/2023 | $27.00 | Neutral | Wedbush |
| 5/26/2023 | $28.00 | Hold | Stifel |
| 2/23/2023 | $40.00 | Buy | Needham |
| 8/13/2021 | $50.00 → $62.00 | Outperform | Telsey Advisory Group |
| 8/3/2021 | $52.00 | Overweight → Neutral | JP Morgan |
| 7/26/2021 | $44.00 | Hold | Loop Capital |
4 - Clear Secure, Inc. (0001856314) (Issuer)
4 - Clear Secure, Inc. (0001856314) (Issuer)
4 - Clear Secure, Inc. (0001856314) (Issuer)
4 - Clear Secure, Inc. (0001856314) (Issuer)
4 - Clear Secure, Inc. (0001856314) (Issuer)
4 - Clear Secure, Inc. (0001856314) (Issuer)
4 - Clear Secure, Inc. (0001856314) (Issuer)
4 - Clear Secure, Inc. (0001856314) (Issuer)
3 - Clear Secure, Inc. (0001856314) (Issuer)
4 - Clear Secure, Inc. (0001856314) (Issuer)
4 - Clear Secure, Inc. (0001856314) (Issuer)
SC 13G/A - Clear Secure, Inc. (0001856314) (Subject)
SC 13G - Clear Secure, Inc. (0001856314) (Subject)
SC 13G/A - Clear Secure, Inc. (0001856314) (Subject)
SC 13G/A - Clear Secure, Inc. (0001856314) (Subject)
SC 13G/A - Clear Secure, Inc. (0001856314) (Subject)
SC 13G/A - Clear Secure, Inc. (0001856314) (Subject)
SC 13G/A - Clear Secure, Inc. (0001856314) (Subject)
SC 13G/A - Clear Secure, Inc. (0001856314) (Subject)
SC 13G - Clear Secure, Inc. (0001856314) (Subject)
SC 13G/A - Clear Secure, Inc. (0001856314) (Subject)
NEW YORK, Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from
8-K - Clear Secure, Inc. (0001856314) (Filer)
144 - Clear Secure, Inc. (0001856314) (Subject)
144 - Clear Secure, Inc. (0001856314) (Subject)
144 - Clear Secure, Inc. (0001856314) (Subject)
10-Q - Clear Secure, Inc. (0001856314) (Filer)
8-K - Clear Secure, Inc. (0001856314) (Filer)
8-K - Clear Secure, Inc. (0001856314) (Filer)
8-K - Clear Secure, Inc. (0001856314) (Filer)
10-Q - Clear Secure, Inc. (0001856314) (Filer)
8-K - Clear Secure, Inc. (0001856314) (Filer)
During the last three months, 5 analysts shared their evaluations of Clear Secure (NYSE:YOU), revealing diverse outlooks from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 1 1 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 2 1 1 0 0 Analysts have set 12-month price targets for Clear Secure, revealing an average target of $35.0, a high estimate of $40.00, and a low estimate of $21.00. Staying constant with the previous average price target, the
Needham analyst Joshua Reilly reiterates Clear Secure (NYSE:YOU) with a Buy and maintains $40 price target.
New enrollment locations offer convenient options for consumers to enroll or renew in TSA PreCheckWASHINGTON and NEW YORK, July 16, 2024 /PRNewswire/ -- CLEAR (NYSE:YOU), an authorized TSA PreCheck® enrollment provider, continues to expand locations to enroll and renew consumers in the Trusted Traveler program by opening seven new locations.CLEAR now has 40 TSA PreCheck enrollment locations open across the U.S. The launch of the enrollment location at these seven airports represent the ongoing expansion of CLEAR's national TSA PreCheck enrollment footprint. Throughout 2024, CLEAR will continue delivering convenience to consumers by launching additional locations and extended hours of operati
New enrollment locations offer convenient options for consumers to enroll or renew in TSA PreCheck
New enrollment locations offer convenient options for consumers to enroll or renew in TSA PreCheckWASHINGTON and NEW YORK, June 5, 2024 /PRNewswire/ -- CLEAR (NYSE:YOU), an authorized TSA PreCheck® enrollment provider, continues to expand locations to enroll and renew consumers in the Trusted Traveler program by opening 7 new locations.CLEAR now has 20 TSA PreCheck enrollment locations open across the U.S. The launch of the enrollment location at these 7 airports represents the ongoing expansion of CLEAR's national TSA PreCheck enrollment footprint. Throughout 2024, CLEAR will continue delivering convenience to consumers by launching additional locations and extended hours of operation for e
NEW YORK, Oct. 31, 2024 /PRNewswire/ -- Clear Secure, Inc. (NYSE:YOU) ("CLEAR" or the "Company") today announced that its Board of Directors (the "Board") declared a regular quarterly dividend of $0.125 per share, payable on December 17, 2024 to holders of record of Class A Common Stock and Class B Common Stock as of the close of business on December 10, 2024. The Company will fund the payment of the quarterly dividend from proportionate cash distributions by its subsidiary. The declaration, timing and amount of any future dividends will be subject to the discretion and approv
NEW YORK, Aug. 6, 2024 /PRNewswire/ -- Clear Secure, Inc. (NYSE:YOU), the secure identity company, has posted a shareholder letter containing its 2024 second quarter financial results on its Investor Relations website at https://ir.clearme.com. CLEAR will host a conference call to discuss those results at 8:00 AM (ET) today. Investors and analysts can access the live teleconference call by dialing toll-free 877-407-3089 for U.S. participants and +1 215-268-9854 for international participants. Listeners can access the live webcast HERE. A webcast replay will be available after
NEW YORK, Aug. 2, 2024 /PRNewswire/ -- Clear Secure, Inc. (NYSE:YOU) ("CLEAR" or the "Company") today announced that its Board of Directors (the "Board") declared a regular quarterly dividend of $0.10 per share, payable on September 17, 2024 to holders of record of Class A Common Stock and Class B Common Stock as of the close of business on September 10, 2024. The Company will fund the payment of the quarterly dividend from proportionate cash distributions by its subsidiary. The declaration, timing and amount of any future dividends will be subject to the discretion and approv
NEW YORK, May 8, 2024 /PRNewswire/ -- Clear Secure, Inc. (NYSE:YOU), the secure identity company, has posted a shareholder letter containing its 2024 first quarter financial results on its Investor Relations website at https://ir.clearme.com. CLEAR will host a conference call to discuss those results at 8:00 AM (ET) today. Investors and analysts can access the live teleconference call by dialing toll-free 888-645-4404 for U.S. participants and +1 862-298-0702 for international participants. Listeners can access the live webcast HERE. A webcast replay will be available after th
NEW YORK, May 7, 2024 /PRNewswire/ -- Clear Secure, Inc. (NYSE:YOU) ("CLEAR" or the "Company") today announced that its Board of Directors (the "Board") declared a regular quarterly dividend of $0.10 per share, payable on June 18, 2024 to holders of record of Class A Common Stock and Class B Common Stock as of the close of business on June 10, 2024. The Company will fund the payment of the quarterly dividend from proportionate cash distributions by its subsidiary. The declaration, timing and amount of any future dividends will be subject to the discretion and approval of the B
NEW YORK, March 21, 2024 /PRNewswire/ -- Clear Secure, Inc. (NYSE:YOU) ("CLEAR" or the "Company") today announced that its Board of Directors (the "Board") authorized a $100 million increase to its existing Class A Common Stock share repurchase program. During the first quarter of 2024, the Company used $84.9 million to repurchase and retire 4.4 million shares of Class A Common Stock at an average price of $19.22. Including the $100 million increase announced today, approximately $141 million in aggregate remains available under the repurchase authorization. "Capital allocatio
NEW YORK, March 21, 2024 /PRNewswire/ -- Clear Secure, Inc. (NYSE:YOU) ("CLEAR" or the "Company") today announced the declaration of a special cash dividend in the amount of $0.32 per share payable on April 8, 2024 to holders of record of the Class A Common Stock and Class B Common Stock as of the close of business on April 1, 2024. The Company is funding the payment of the special cash dividend with cash received from pro rata cash distributions made by Alclear Holdings, LLC to all of its members, including the Company. The distributions consist of a mandatory tax distributio
NEW YORK, Feb. 28, 2024 /PRNewswire/ -- Clear Secure, Inc. (NYSE:YOU), the secure identity company, has posted a shareholder letter containing its 2023 fourth quarter and full-year financial results on its Investor Relations website at https://ir.clearme.com. CLEAR will host a conference call to discuss those results at 8:00 AM (ET) today. Investors and analysts can access the live teleconference call by dialing toll-free 877-407-3089 for U.S. participants and +1 215-268-9854 for international participants. Listeners can access the live webcast HERE. A webcast replay will be a
NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Clear Secure, Inc. (NYSE:YOU) ("CLEAR" or the "Company") today announced that its Board of Directors (the "Board") declared a regular quarterly dividend of $0.09 per share, payable on March 5, 2024 to holders of record of Class A Common Stock and Class B Common Stock as of the close of business on February 26, 2024. The Company will fund the payment of the quarterly dividend from proportionate cash distributions by its subsidiary. The declaration, timing and amount of any future dividends will be subject to the discretion and approval of
NEW YORK, Aug. 2, 2023 /PRNewswire/ -- Clear Secure, Inc. (NYSE:YOU) ("CLEAR" or the "Company") today announced that its Board of Directors (the "Board") has approved a regular quarterly cash dividend policy. The Company intends to pay dividends quarterly to holders of Class A Common Stock and Class B Common Stock, subject to Board approval each quarter, with the first quarterly dividend of $0.07 to be paid on August 18, 2023, to holders of record on August 11, 2023. The Company will fund the payment of the quarterly dividend from proportionate cash distributions by its subsid
Needham reiterated coverage of Clear Secure with a rating of Buy and set a new price target of $45.00 from $40.00 previously
Wells Fargo downgraded Clear Secure from Equal Weight to Underweight and set a new price target of $20.00
Goldman initiated coverage of Clear Secure with a rating of Buy and set a new price target of $24.00
JP Morgan resumed coverage of Clear Secure with a rating of Neutral and set a new price target of $30.00
Wedbush initiated coverage of Clear Secure with a rating of Neutral and set a new price target of $27.00
Stifel resumed coverage of Clear Secure with a rating of Hold and set a new price target of $28.00
Needham initiated coverage of Clear Secure with a rating of Buy and set a new price target of $40.00
Telsey Advisory Group reiterated coverage of Clear Secure with a rating of Outperform and set a new price target of $62.00 from $50.00 previously
JP Morgan downgraded Clear Secure from Overweight to Neutral and set a new price target of $52.00
Loop Capital initiated coverage of Clear Secure with a rating of Hold and set a new price target of $44.00
NEW YORK, Oct. 31, 2024 /PRNewswire/ -- Clear Secure, Inc. (NYSE:YOU) ("CLEAR" or the "Company") today announced that its Board of Directors (the "Board") declared a regular quarterly dividend of $0.125 per share, payable on December 17, 2024 to holders of record of Class A Common Stock and Class B Common Stock as of the close of business on December 10, 2024. The Company will fund the payment of the quarterly dividend from proportionate cash distributions by its subsidiary. The declaration, timing and amount of any future dividends will be subject to the discretion and approv
NEW YORK, Oct. 24, 2024 /PRNewswire/ -- Clear Secure, Inc. (NYSE:YOU), the secure identity company, today announced that it will report financial results for the third quarter ending September 30, 2024 at approximately 6:00 a.m. ET on Thursday, November 7. At 8:00 a.m. ET, results will be discussed via live webcast and teleconference. Investors and analysts can access the live teleconference call by dialing toll-free 800-715-9871 for U.S. participants and +1-646-307-1963 for international participants. Listeners can access the live webcast HERE. A webcast replay of the webcast
New enrollment locations offer convenient options for consumers to enroll or renew in TSA PreCheck WASHINGTON and NEW YORK, Sept. 24, 2024 /PRNewswire/ -- CLEAR (NYSE:YOU), an authorized TSA PreCheck® enrollment provider, continues to expand locations to enroll and renew consumers in the Trusted Traveler program by opening four new locations. CLEAR now has 51 TSA PreCheck enrollment locations open across the U.S. The launch of the enrollment location at these four airports represent the ongoing expansion of CLEAR's national TSA PreCheck enrollment footprint. Throughout 2024,
NEW YORK, Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from
NEW YORK, Aug. 6, 2024 /PRNewswire/ -- Clear Secure, Inc. (NYSE:YOU), the secure identity company, has posted a shareholder letter containing its 2024 second quarter financial results on its Investor Relations website at https://ir.clearme.com. CLEAR will host a conference call to discuss those results at 8:00 AM (ET) today. Investors and analysts can access the live teleconference call by dialing toll-free 877-407-3089 for U.S. participants and +1 215-268-9854 for international participants. Listeners can access the live webcast HERE. A webcast replay will be available after
NEW YORK, Aug. 5, 2024 /PRNewswire/ -- CLEAR Secure, Inc. (NYSE:YOU), ("CLEAR ", or "The Company"), the secure identity company, announced the repurchase of 4,000,000 shares of Class A Common Stock in the third quarter of 2024 pursuant to a block share purchase agreement with Delta Air Lines, Inc. ("Delta") (NYSE:DAL). Delta continues to own 4,277,958 shares of CLEAR's Class C Common Stock. "CLEAR is an important partner whose technology enhances the travel experience for Delta's customers," said Ranjan Goswami, Delta's Senior Vice President, Consumer Experiences. "We look for
NEW YORK, Aug. 2, 2024 /PRNewswire/ -- Clear Secure, Inc. (NYSE:YOU) ("CLEAR" or the "Company") today announced that its Board of Directors (the "Board") declared a regular quarterly dividend of $0.10 per share, payable on September 17, 2024 to holders of record of Class A Common Stock and Class B Common Stock as of the close of business on September 10, 2024. The Company will fund the payment of the quarterly dividend from proportionate cash distributions by its subsidiary. The declaration, timing and amount of any future dividends will be subject to the discretion and approv
NEW YORK, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Notified, a globally trusted technology partner for investor relations and public relations professionals, and CLEAR (NYSE:YOU), the secure identity company, today announced an exclusive agreement to integrate CLEAR® identity verification technology into Notified's GlobeNewswire® press release distribution platform. This collaboration will enhance trust in financial, regulatory and corporate communications by confirming that press releases are issued by a verified individual. GlobeNewswire's integration of CLEAR Verified offers an industry-leading identity verification system that will be available in existing press release distribution workflow
New enrollment locations offer convenient options for consumers to enroll or renew in TSA PreCheck WASHINGTON and NEW YORK, July 23, 2024 /PRNewswire/ -- CLEAR (NYSE:YOU), an authorized TSA PreCheck® enrollment provider, continues to expand locations to enroll and renew consumers in the Trusted Traveler program by opening six new locations. CLEAR now has 46 TSA PreCheck enrollment locations open across the U.S. The launch of the enrollment location at these six airports represents the ongoing expansion of CLEAR's national TSA PreCheck enrollment footprint. Throughout 2024, C
HONOLULU, July 17, 2024 /PRNewswire/ -- CLEAR (NYSE:YOU), the secure identity company, launched its signature identity verification technology today at Honolulu's Daniel K. Inouye International Airport (HNL) to streamline the airport's security screening experience. CLEAR's launch at HNL is expected to create 64 jobs and generate approximately $3.6 million annually in local economic impact. In April, CLEAR launched its security screening lane at Maui's Kahului Airport (OGG) and announced its partnership with Hawaiian Airlines to make the travel experience easier for passengers. Combined, CLEAR's operations at HNL and OGG are anticipated to result in the creation of approximately 100 jobs and