NYSE · YOU
Clear Secure, Inc.
Technology · Software - Application
$38.55▼ 0.90% ($0.35)at close
Pre-market$38.53▼ 0.05%7:51 AM ET
Market cap
$3.88B
P/E
26.79
EPS (TTM)
$1.44
Next earnings
Nov 5, 2026
Valuation
Revenue & margin DCF
Verdict: cheap. Price below all scenarios.
The price needs 2.4% revenue growth a year for 10 years. Our scenarios assume 12.8–22.2%.
That's below its past 4-year pace of 37.2%.
Value per share
Base case
$119.06
Price used $38.55 is 68% below this
USD · TTM ending Jun 30, 2026 · Price Sep 24, 8:00 PM UTC
This estimate is at least 3× the price used. Review the growth, margin and investment assumptions behind the gap.
Revenue each value needs
Revenue today $1B. The price needs $1.3B by 2036. Base case: $5.2B. At its recent pace: $23.7B. Bear to Bull: $3.3B to $7.5B.
Revenue today $1B. The price needs $1.3B by 2036. Base case: $5.2B. At its recent pace: $23.7B. Bear to Bull: $3.3B to $7.5B.
Revenue in 2036
today $1B
−$3.9Bless than the Base case
Value per share · Base case
$119.06
Price $38.55
68% below this
- 10-yr revenue CAGR
- 17.8%
- Ending operating margin
- 28.1%
- Discount rate
- 10.8%
This estimate is at least 3× the price used. Review the growth, margin and investment assumptions behind the gap.
USD · TTM ending Jun 30, 2026 · Price Sep 24, 8:00 PM UTC
What each scenario assumes. Click a column to start from it.
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 4.9% over the last year. Revenue grew 19.77% over the trailing twelve months. Operating margin moved from 17.85% to 25.13%. Free cash flow grew 66.61% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 25.13%. A decisive move in revenue — currently up 19.77% — would be the clearest signal to resolve the ambiguity.
Return analysis
Company profile
Clear Secure, Inc. (YOU) operates within the United States, specializing in a secure, identity-verification platform primarily for its members.
Market multiples
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Analyst consensus
4
Buy
4
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Nov 5, 2026
Q4 FY26 · EPS est $0.56 · Revenue est $286.65M
View
Institutional Sentiment
Clear Secure, Inc. · YOU
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.