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/YOU
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Clear Secure Inc

Clear Secure Inc

YOU
$56.03USD↑+2.94%+1.60 today

MARKET CAP

7.5B

P/E (TTM)

45.2x

FWD P/E

28.8x

DAY RANGE

$53 – $56

52W RANGE

$28
$63

AI Summary

Stalk
StalkMedium

The stock is in an early Stage 1 consolidation with flattened short-term EMAs and contracting volatility within a defined base. The long-term uptrend remains intact, and medium-term bias is cautiously bullish, but short-term timing lacks a clear edge. We will wait for a pullback into the 9/21 EMA zone or the base’s lower boundary before engaging.

  • ↑Q1 revenue of $253 M (+19.7% YoY) with bookings of $291.7 M (+40.8%).
  • ↑Active Clear Plus members 8.2 M (+13%), driven by eGate and Concierge rollouts.
  • ↓Negative book-to-price and slight negative dividend yield imply overvaluation risk.
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Clear Secure, Inc. (NASDAQ: YOU) is a leading company in the identity verification sector, specializing in secure identity solutions primarily for the travel industry. The company's technology enhances user experiences while addressing security challenges, especially concerning rising identity fraud concerns. Clear Secure aims to position itself as an essential infrastructure provider for secure identities that simplify and streamline the travel process.

Bull says

  • ↑Q1 revenue of $253 M (+19.7% YoY) with bookings of $291.7 M (+40.8%).
  • ↑Active Clear Plus members 8.2 M (+13%), driven by eGate and Concierge rollouts.
  • ↑Q1 free cash flow doubled to $185 M; FY2026 FCF guidance to ≥$465 M (36%).
  • ↑eGates verify IDs in <5 sec, boosting throughput and retention.
  • ↑Partnerships with American Express and AWS integration expand reach.
  • ↑High earnings yield, strong momentum, low volatility, high liquidity.

Bear says

  • ↓Negative book-to-price and slight negative dividend yield imply overvaluation risk.
  • ↓Gross dollar retention at 87.1% may decline after pricing increases.
  • ↓Emerging competitors and pricing pressure could erode market share.
  • ↓Elevated short interest signals investor skepticism and potential volatility.
  • ↓Mixed profitability signals and limited hedge fund interest weigh on momentum.
  • ↓International expansion may face market saturation challenges.

Investment themes with YOU

Software↓ -1.57%

Cloud-based digital tools powering business productivity and innovation

MSFT · ORCL · PLTR
High Dividend Yield↑ +0.32%

Companies paying above-average dividends

AVGO · JPM · XOM
Buybacks↑ +0.48%

Companies repurchasing their own shares

C · JCI · WFC

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 05-08-2026bullish

Transcript signals

Bull points

  • In Q1, we delivered over 40% bookings growth and approximately 32% adjusted EBITDA margins while also doubling our absolute free cash flow year over year to $185 million.
  • Revenue grew 19.7% year-over-year to $253 million.
  • Total bookings increased 40.8% to $291.7 million, and active Clear Plus members grew to 8.2 million, up 13% year-over-year.

Bear points

  • So we do expect marketing to increase modestly, but obviously we will do that in a disciplined manner in the way we've always done and while we continue to expand overall margins simultaneously.
Read full transcript analysis ›