YOU Stock Recent News

New enrollment locations offer convenient option for consumers to enroll or renew in TSA PreCheck New enrollment locations offer convenient option for consumers to enroll or renew in TSA PreCheck

Clear Secure's Q4 2024 earnings showed impressive growth, with revenues up 20.7%, free cash flow up 48%, and net income up significantly from last year. Despite strong financials, CLEAR Plus member retention and usage rates declined, indicating potential issues with customer engagement and platform utilization. Management is diversifying revenue streams through partnerships with Uber and Epic, and expanding CLEAR Plus to more airports.

After reaching an important support level, Clear Secure (YOU) could be a good stock pick from a technical perspective. YOU surpassed resistance at the 50-day moving average, suggesting a short-term bullish trend.

The average of price targets set by Wall Street analysts indicates a potential upside of 26.7% in Clear Secure (YOU). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Clear Secure (YOU) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Clear Secure, Inc. (NYSE:YOU ) Q4 2024 Earnings Conference Call February 26, 2025 8:00 AM ET Company Participants Caryn Seidman-Becker - Chairman & CEO Ken Cornick - President, CFO & Director Conference Call Participants Joshua Reilly - Needham & Co Ben Miller - Goldman Sachs Cory Carpenter - JPMorgan Dana Telsey - Telsey Advisory Group Mark Kelley - Stifel Michael Turrin - Wells Fargo Operator Good morning, and welcome to CLEAR's Fiscal Fourth Quarter 2024 Conference Call. We have with us today, Caryn Seidman-Becker, Co-Founder, Chair and Chief Executive Officer; and Ken Cornick, Co-Founder, President and Chief Financial Officer.

Clear Secure (YOU) came out with quarterly earnings of $0.90 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.17 per share a year ago.

NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) -- CLEAR (NYSE: YOU), the secure identity platform, today announced that Ken Cornick, Co-Founder, President, and Chief Financial Officer, is stepping down from his executive positions and will transition to an advisory role. Cornick helped bring CLEAR's vision of a global secure identity platform to life – starting in travel and expanding into enterprises to make experiences safer and easier both physically and digitally. In 2010, CLEAR started with just 190,000 Members and today has over 30 million Members on our secure identity platform.

NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Clear Secure, Inc. (NYSE: YOU), the secure identity platform, has posted a shareholder letter containing its 2024 fourth quarter and full year financial results on its Investor Relations website at https://ir.clearme.com .

Clear Secure's stock has fallen 31% since November due to disappointing Q3 earnings and membership attrition, but new growth drivers may provide upside. Partnerships with LinkedIn, Okta, and Uber bolster the company's CLEAR Verify enterprise segment, which may soon overtake its Clear Plus segment as the dominant revenue stream. Clear's innovative new EnVe pods promise a far faster, more seamless identity verification than their prior kiosks.