Clear Secure, Inc. (YOU)
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-09-04
$44.33-0.58%
Close 2026-09-04 · 1-day change
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-09-04
QuarterlyIQ Insights · YOU
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -18.1% |
| Our one-year growth estimate | diamond |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| 19.7% |
Growth built into the price is above our model estimate.
The price assumes 37.8 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 119 industry peers · Company calendar date is not available
YOU — credit agreement
Dated 2026-06-23
Entry into a Material Definitive Agreement. On June 23, 2026 (the “ Effective Date ”), Alclear Holdings, LLC (the “ Borrower ”), and certain other subsidiaries of the Borrower party thereto (the “ Pledgors ” and, together with the Borrower, the “ Loan Parties ”), entered into that certain Amendment No. 4 to its Credit Agreement (the “ Amendment ”), by and among the Loan Parties, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent (in such capacity, the “ Administr…
Why it matters: Bookings growth is a key indicator of future revenue; lower growth may signal demand issues.
Worry ifTotal bookings grow less than 20.5% year-over-year in Q3.
Less concerning ifTotal bookings grow more than 25% year-over-year in Q3.
Why it matters: This growth shows success in getting new members. It also shows good customer retention.
Supportive ifActive CLEAR+ Members are 8.5 million or more. This shows good growth strategies.
Worry ifActive CLEAR+ Members are below 8.5 million. This suggests trouble in getting new subscribers.
Why it matters: This is a key indicator of financial health. Lower guidance could signal weaker cash generation.
Worry ifFree Cash Flow guidance is below $480 million for the full year.
Less concerning ifFree Cash Flow guidance is at or above $480 million for the full year.
Why it matters: This level of bookings shows strong demand. It also shows effective sales strategies.
Supportive ifTotal bookings are $311 million or more. This confirms strong sales performance.
Worry ifTotal bookings are below $311 million. This shows possible sales challenges.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$162 on $10,000 · ±1.6% | How much price usually moves either way. |
| Bad day | $452 loss on $10,000 · 4.5% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,121 loss on $10,000 · 31.2% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: More operating income shows better cost control and efficiency. This helps long-term profits.
Supportive ifOperating income reported above $71M for Q2 2026, which is a 15% increase year over year.
Worry ifOperating income was less than $60M for Q2 2026.
Why it matters: Keeping this margin shows good cost management. It also supports profit goals.
Supportive ifThe operating income margin is 29% or more. This shows good efficiency in operations.
Worry ifOperating income margin is below 29%. This raises worries about cost control.
Why it matters: Hitting this target shows strong demand. It helps management's growth plan.
Supportive ifQ3 revenue was $284 million or more. This confirms the growth trend.
Worry ifQ3 revenue is below $284 million. This shows possible weakness in demand.
Why it matters: Slower growth in Active CLEAR+ Members may mean trouble keeping or gaining customers.
Worry ifActive CLEAR+ Members grow less than 10% year-over-year in Q3.
Less concerning ifActive CLEAR+ Members grow more than 15% year-over-year in Q3.
Why it matters: A margin over 30% shows good cost control and efficiency. It shows management cares about making more money.
Supportive ifThe operating income margin is more than 30%.
Worry ifThe operating income margin is less than 30%.
Why it matters: Steady net income growth shows good financial management. This matters for future investments.
Supportive ifNet income reported above $50M for Q2 2026, indicating over 30% growth year over year.
Worry ifNet income reported below $40M for Q2 2026.
Why it matters: If revenue growth falls below this level, it may signal weakening demand or market challenges.
Worry ifQ3 revenue was below $284 million. This shows growth below 24.6%.
Less concerning ifQ3 revenue exceeds $287 million, indicating strong growth.