NEW YORK, March 31, 2025 (GLOBE NEWSWIRE) -- CLEAR (NYSE:YOU), an official TSA PreCheck® enrollment provider, continues to expand locations outside the airport environment to enroll and renew consumers in the Trusted Traveler program by opening a new location at the Salesforce Transit Center in downtown San Francisco. This marks CLEAR's first non-airport location in the area for TSA PreCheck enrollment and renewal services, complementing its 58 airport-based enrollment and renewal locations across the U.S. ...

Group 1 - Clear Secure's stock closed at $27.05, down 1.67% from the previous day, underperforming the S&P 500 which fell 1.12% [1] - Over the past month, Clear Secure's shares have increased by 15.73%, outperforming the Computer and Technology sector's decline of 4.05% and the S&P 500's decline of 2.91% [1] Group 2 - The upcoming EPS for Clear Secure is projected at $0.30, representing a 7.14% increase year-over-year, with anticipated revenue of $208.17 million, indicating a 16.26% increase from the same quarter last year [2] - For the entire year, earnings are forecasted at $1.36 per share, a decrease of 24.44%, while revenue is expected to be $883.34 million, an increase of 14.65% compared to the previous year [3] Group 3 - Recent analyst estimate revisions for Clear Secure indicate positive sentiment regarding the company's business and profitability [3] - The Zacks Rank system, which incorporates estimate changes, currently ranks Clear Secure as 1 (Strong Buy), reflecting a positive outlook [5] Group 4 - Clear Secure's Forward P/E ratio is 20.18, which is lower than the industry average of 27.97, suggesting a valuation discount [6] - The Internet - Software industry, to which Clear Secure belongs, ranks in the top 32% of all industries according to the Zacks Industry Rank [6]

NEW YORK, March 25, 2025 (GLOBE NEWSWIRE) -- CLEAR (NYSE:YOU), the secure identity platform, is extending its partnership with American Express for its second one year renewal term. CLEAR and American Express entered into the partnership in 2019, which provides eligible American Express Card Members who enroll in CLEAR, and pay using their qualifying American Express credit cards, up to $199 in annual statement credits for their CLEAR Plus Membership. CLEAR Plus offers Members a faster, more predictable air ...

Core Insights - CLEAR continues to expand its TSA PreCheck enrollment locations, opening five new sites across the U.S. [1][2] - The total number of TSA PreCheck enrollment locations operated by CLEAR has reached 58 [2]. - CLEAR aims to enhance consumer convenience by launching additional locations and extending hours of operation throughout 2025 [2]. Company Overview - CLEAR is an official TSA PreCheck enrollment provider, focusing on creating frictionless experiences for its members [8]. - The company has over 30 million members and a growing network of partners, transforming how people travel and interact in various environments [8]. TSA PreCheck Program - TSA PreCheck is a Trusted Traveler program by the Department of Homeland Security, allowing expedited screening for enrolled travelers [7]. - The program has grown to over 20 million active members since its launch in December 2013 [7]. - Members enjoy benefits such as keeping shoes, belts, and light jackets on during security checks, with 99% of members waiting less than 10 minutes at checkpoints [2].

Clear Secure (YOU) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, YOU crossed above the 200-day moving average, suggesting a long-term bullish trend.The 200-day simple moving average helps traders and analysts determine overall long-term market trends for stocks, commodities, indexes, and other financial instruments. The indicator moves higher or lower along with longer-term price moves, serving as a support or resistance level.Over ...

New enrollment locations offer convenient option for consumers to enroll or renew in TSA PreCheckNEW YORK, March 12, 2025 (GLOBE NEWSWIRE) -- CLEAR (NYSE: YOU), an authorized TSA PreCheck® enrollment provider, continues to expand locations outside the airport environment to enroll and renew consumers in the Trusted Traveler program by opening new locations at Sawgrass Mills®, The Florida Mall®, The Galleria™, and Lenox Square®. These locations–in Sunrise; Florida; Orlando, Florida; Houston, Texas; and Atlan ...

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Core Viewpoint - Clear Secure (YOU) shows potential for a bullish trend after surpassing key technical resistance levels and experiencing positive earnings estimate revisions [1][2][3] Technical Analysis - YOU has recently surpassed the 50-day moving average, indicating a short-term bullish trend [1] - The stock has moved 8.6% higher over the last four weeks, suggesting momentum for further gains [2] Earnings Estimates - There have been three upward revisions in earnings estimates for the current fiscal year, with no downward revisions, reinforcing the bullish outlook [2] - The consensus earnings estimate has also increased, further supporting investor confidence in YOU's performance [2][3] Investment Sentiment - YOU is currently rated as a Zacks Rank 1 (Strong Buy), indicating strong investor interest and confidence in the stock [2]

Core Viewpoint - Clear Secure (YOU) shares have increased by 3% over the past four weeks, closing at $24.17, with a mean price target of $30.63 indicating a potential upside of 26.7% [1] Price Targets - The average price target consists of eight estimates ranging from a low of $23 to a high of $45, with a standard deviation of $8.43, indicating variability among analysts [2] - The lowest estimate suggests a decline of 4.8%, while the highest indicates an upside of 86.2% [2] - A low standard deviation suggests a higher agreement among analysts regarding price movement [7] Analyst Sentiment - Analysts are optimistic about YOU's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which historically correlates with stock price movements [4][9] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 6.4%, with three estimates moving higher and no negative revisions [10] Zacks Rank - YOU holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside [11] Caution on Price Targets - Solely relying on consensus price targets for investment decisions may not be wise, as empirical research shows they often mislead investors [5][8] - Analysts may set overly optimistic price targets due to business incentives, which can inflate expectations [6]

Financial Data and Key Metrics Changes - In Q4 2024, revenue grew by 21% and total bookings increased by 17%, driven by member growth, pricing, strong member retention, and improvements in win-back activity [22][24] - The company achieved a 24% full-year adjusted EBITDA margin, up over 1,000 basis points year-over-year [23] - Free cash flow for 2024 was $284 million, a 42% increase year-over-year, with a share count reduction of 9% to 137.7 million shares [31][32] Business Line Data and Key Metrics Changes - TSA PreCheck and CLEAR1 contributed several points to the growth rate, with TSA PreCheck scaling to 91 locations [22][12] - Active CLEAR Plus members grew by 164,000 in the quarter, with total cumulative enrollments ending the year at 30 million, reflecting continued traction [24][22] - The rollout of EnVe's has improved lane experience scores and throughput significantly, with lanes now serving members with 30% fewer pods [8][6] Market Data and Key Metrics Changes - CLEAR Plus currently covers around 73% of airport volume with 166 lanes nationwide [6] - The company is expanding its out-of-airport enrollment network, with locations like the Mall of America and Westfield showing positive cash flow within weeks [84] Company Strategy and Development Direction - The company aims to enhance its secure identity platform and strengthen public-private partnerships, particularly in the travel sector [10][11] - CLEAR is focused on deploying end-to-end automated lanes at no cost to the government, emphasizing the importance of technology in modernizing airport infrastructure [10][66] - The company plans to increase pricing on historically free tiers and focus on gross dollar retention to enhance unit economics [28][86] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the travel industry's recovery, expecting 4 million people per day to pass through U.S. airports by 2030 [81] - The company anticipates strong top-line growth in 2025, with free cash flow guidance of at least $310 million [34][18] - Management highlighted the importance of automation and technology in improving customer experience and operational efficiency [66][62] Other Important Information - The company recognized a one-time noncash net gain of $75 million in the quarter, related to a tax receivable agreement [30] - Management announced leadership changes, with Ken Cornick stepping down from operational roles and Michael Barkin appointed as President [19][20] Q&A Session Summary Question: Can you review the guidance for Q1 bookings? - Management indicated that Q1 bookings guidance implies around 13% year-over-year growth, with January being seasonally slow for travel [41][42] Question: What is the mix in net adds for the quarter? - The trial count as a percentage of total Active CLEAR Plus members was down slightly year-over-year, impacting Q1 [48] Question: How is the relationship with Amex affecting bookings and EBITDA? - Management noted that while the partnership with Amex is valuable for brand awareness, the gap between wholesale and retail pricing is significant, impacting bookings and EBITDA [50][51] Question: What are the trends in air travel and independent locations? - Management remains bullish on travel trends, expecting continued growth and positive cash flow from independent locations [81][84] Question: What are the pricing opportunities for the upcoming fiscal year? - Management sees opportunities to charge for previously free tiers and is focused on gross dollar retention [86]