Clear Secure is a high-growth, high-quality biometric identity platform with 110% ROE, a Rule of 40 score of 56, a perfect 4-of-4 earnings beat record, and a PEG ratio of 0.41, though extreme near-term oversold conditions at RSI 22 and 13% short interest create a technical overhang that has pushed the stock to an oversold-bounce setup.
Thesis pillars
- Subscription Concentration Risk→Stable
- Exceptional Quality Compounding→Stable
- Perfect Earnings Beat Streak↑Improving
- +1 more pillar — see the Why tab for full reasoning
Clear Secure, Inc. (YOU) Stock Analysis
Catalyst-Driven edge
Technology · Software - Application
Wait for pullback to $42.92. At $44.31 the A.R:R is 0.9:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $42.92 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Product: CLEAR+ subscription revenue; Sector modifier (Technology): -0.8.
Clear Secure operates a biometric identity verification platform in U.S. airports and partner locations, with 38 million Total CLEAR Members and 166 CLEAR+ Lanes across 60 airports as of December 31, 2025. Revenue comes substantially from CLEAR+, a $209/year consumer aviation... Read more
Wait for pullback to $42.92. At $44.31 the A.R:R is 0.9:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $42.92 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Product: CLEAR+ subscription revenue; Sector modifier (Technology): -0.8. Chart setup: No clear chart pattern; technical signals are mixed. Growth is cheap relative to earnings, but the technical setup has not yet produced a breakout above resistance (PEG 0.20, quality 8.5/10, growth 9.6/10). Score 6.7/10, moderate confidence.
Passes 5/8 gates (positive momentum, news events none recent, earnings proximity 20d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio and clean insider activity. Suitability: aggressive.
About Clear Secure, Inc.
About Clear Secure, Inc.
Clear Secure's biometric identity platform counted 38 million Total CLEAR Members as of December 31, 2025 — a 31% year-over-year increase — with CLEAR+ Lanes operating at 166 locations across 60 airports nationwide. TSA PreCheck Enrollment Provided by CLEAR expanded to 61 airports and 340 retail locations in 2025, and 6% of all TSA checkpoint volume passed through a CLEAR lane that year. CLEAR+ retails for $209 per year per Member.
Clear Secure earns substantially all revenue from CLEAR+, billed upfront at $209 per year, with a family plan at an additional $125 per Member annually. Distribution partners include Delta Air Lines, United Airlines, Alaska Airlines, and Hawaiian Airlines, which offer discounted access to their frequent fliers, and American Express, which provides statement credits to eligible cardholders; American Express renewed its multi-year agreement with Clear Secure in February 2026. Secondary revenue comes from TSA PreCheck enrollment and renewal fees, CLEAR Concierge premium services (live at 27 airports), and CLEAR1 B2B contracts structured as multi-year agreements with per-transaction or per-user fees plus annual platform fees. In-airport enrollment represented 66% of CLEAR+ Member acquisitions in 2025. Competitors include two other TSA-authorized private entities for PreCheck enrollment, and the 10-K names large technology platforms — Alphabet/Google, Amazon, Apple, and Microsoft — as potential entrants into competing identity verification solutions.
Show full overview
Clear Secure's airport operations depend on concessionaire agreements and compliance with TSA standards. The TSA has publicly stated its intent to require all travelers to be processed through CAT (credential authentication technology) machines and has been expanding its own biometric program while conducting proof-of-concept demonstrations at checkpoints — both explicitly named in the 10-K as potential threats to CLEAR's current operating model. The company holds FISMA High and SAFETY Act certifications, but the 10-K warns that any standard adopted by TSA that is 'not compatible' with CLEAR's platform could adversely affect the company's ability to operate in its current form.
See also: Technology · Software - Application
From Clear Secure, Inc.'s most recent 10-K filing, extracted June 16, 2026.
Recent developments
updated 2026-10-15Recent Developments — Clear Secure, Inc.
Latest news
- NEWS CLEAR Secure (NYSE:YOU) Stock Sees Unusually High Call Option Buying - MarketBeat — MarketBeat positive
- NEWS Lowe's (LOW) Stock Moves -1.17%: What You Should Know - Yahoo Finance — Yahoo Finance neutral
- NEWS Clear Secure Jumps 6.4% Amid Sector-Wide Rally - AlphaStreet — AlphaStreet positive
- NEWS Clear Secure's CEO Sold Company Shares Worth $6.4 Million. What Does That Mean for Investors? - The Motley Fool — The Motley Fool negative
- NEWS Clear Secure's CEO Sold Company Shares Worth $6.4 Million. What Does That Mean for Investors? - fool.com — fool.com negative
Generated 2026-10-15T11:27:09Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- HIGHProductCLEAR+ subscription revenue10-K Item 1A: 'We have derived substantially all of our historical revenue from CLEAR+, our consumer aviation subscription service'
Material Events(8-K, last 90d)
- 2026-03-19Item 5.02MEDIUMLynn Haaland, General Counsel, agreed to depart Clear Secure on April 3, 2026. No successor named. Company providing 12 additional months of salary in consideration for services.SEC filing →
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Rating Breakdown
1 floor-breaker·1 ceiling hit
Technicals below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Wait for pullback to $42.92. At $44.31 the A.R:R is 0.9:1 — below the 1.5:1 minimum for BUY_NOW. Engine's entry $42.92 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Product: CLEAR+ subscription revenue; Sector modifier (Technology): -0.8. Chart setup: No clear chart pattern; technical signals are mixed. Growth is cheap relative to earnings, but the technical setup has not yet produced a breakout above resistance (PEG 0.20, quality 8.5/10, growth 9.6/10). Target $50.61 (+14.2%), stop $40.08 (−10.6%), A.R:R 0.9:1. Score 6.7/10, moderate confidence.
Take-profit target: $50.61 (+14.2% upside). Target $50.61 (+14.2%), stop $40.08 (−10.6%), A.R:R 0.9:1. Stop-loss: $40.08.
Concentration risk — Product: CLEAR+ subscription revenue; Sector modifier (Technology): -0.8; Overbought (RSI 82).
Clear Secure, Inc. trades at a P/E of 29.7 (forward 17.0). TrendMatrix value score: 6.7/10. Verdict: Buy (Wait for Entry).
11 analysts cover YOU with a consensus score of 3.6/5. Average price target: $58.
What does Clear Secure, Inc. do?Clear Secure operates a biometric identity verification platform in U.S. airports and partner locations, with 38...
Clear Secure operates a biometric identity verification platform in U.S. airports and partner locations, with 38 million Total CLEAR Members and 166 CLEAR+ Lanes across 60 airports as of December 31, 2025. Revenue comes substantially from CLEAR+, a $209/year consumer aviation subscription, supplemented by TSA PreCheck enrollment fees and B2B identity verification via CLEAR1.