Clear Secure, Inc. (YOU)
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-11-05
$56.50-4.37%
Close 2026-11-05 · 1-day change
NYSEInformation TechnologySoftware - ApplicationSnapshot 2026-11-05
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 | -5.3% |
| Our one-year growth estimate | diamond | 16.7% |
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.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-11-05.
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.
Growth built into the price is above our model estimate.
The price assumes 21.9 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-05 · Compared with 60 industry peers · Company calendar date is not available
YOU — President transition
Dated 2026-09-16
President — Michael Barkin: The President and Board member is transitioning to an advisory role and resigning from the Board, representing a significant executive departure, though mitigated by the continued advisory relationship.
Why it matters: Clear said it was on track for a network-wide eGate rollout in 2026. More live gates would show progress on this stated plan.
Supportive ifClear reports eGates are live across its full airport network by the end of 2026.
Worry ifClear reports that eGates remain limited to some airports after 2026, or delays the full rollout.
Why it matters: Bookings track sales to new and renewing CLEAR+ members and partners. Clear calls bookings a leading sign of business health.
Supportive ifQ3 total bookings are at least $311 million, the low end of the company's $311 million to $316 million guide.
Worry ifQ3 total bookings are below $311 million, the low end of the company's guide.
Why it matters: Active CLEAR+ members grew 15.2% year over year in Q2. Growth staying above 13% would keep pace with the prior quarter's rate.
Supportive ifThe next reported year-over-year growth rate for active CLEAR+ members is above 13%.
Worry ifThe next reported year-over-year growth rate for active CLEAR+ members is 13% or lower.
Why it matters: Clear raised its 2026 free cash flow floor from $465 million to $480 million. Meeting the new floor would support its cash growth plan.
Supportive ifClear reports 2026 free cash flow of at least $480 million.
Worry ifClear cuts its 2026 free cash flow floor below $480 million or reports less than $480 million for the year.
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 | ±$151 on $10,000 · ±1.5% | How much price usually moves either way. |
| Bad day | $438 loss on $10,000 · 4.4% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,890 loss on $10,000 · 38.9% | 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.