Here’s What Analysts Are Forecasting For Clear Secure, Inc. (NYSE:YOU) After Its Third-Quarter Results

Clear Secure, Inc. (NYSE:YOU) just released its latest third-quarter results and things are looking bullish. The company beat expectations with revenues of US$293m arriving 2.2% ahead of forecasts. Statutory earnings per share (EPS) were US$0.52, 3.5% ahead of estimates. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there’s been a strong change in the company’s prospects, or if it’s business as usual. With this in mind, we’ve gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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Following the latest results, Clear Secure’s six analysts are now forecasting revenues of US$1.27b in 2027. This would be a decent 20% improvement in revenue compared to the last 12 months. Per-share earnings are expected to bounce 38% to US$2.39. Before this earnings report, the analysts had been forecasting revenues of US$1.27b and earnings per share (EPS) of US$2.39 in 2027. So it’s pretty clear that, although the analysts have updated their estimates, there’s been no major change in expectations for the business following the latest results.

See our latest analysis for Clear Secure

It will come as no surprise then, to learn that the consensus price target is largely unchanged at US$58.17. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Clear Secure at US$70.00 per share, while the most bearish prices it at US$45.00. This shows there is still a bit of diversity in estimates, but analysts don’t appear to be totally split on the stock as though it might be a success or failure situation.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that Clear Secure’s revenue growth is expected to slow, with the forecast 15% annualised growth rate until the end of 2027 being well below the historical 26% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 17% annually. So it’s pretty clear that, while Clear Secure’s revenue growth is expected to slow, it’s expected to grow roughly in line with the industry.

The Bottom Line

The most obvious conclusion is that there’s been no major change in the business’ prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that in mind, we wouldn’t be too quick to come to a conclusion on Clear Secure. Long-term earnings power is much more important than next year’s profits. We have forecasts for Clear Secure going out to 2028, and you can see them free on our platform here.

You can also see our analysis of Clear Secure’s Board and CEO remuneration and experience, and whether company insiders have been buying stock.

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