Clear Secure's Mass Adoption Moment Is Here (Rating Upgrade)

Gary Alexander33.5K FollowersFollow5ShareSavePlay(8min)CommentsSummaryClear Secure is benefiting from TSA funding gridlock, driving increased demand for its expedited airport security services.YOU shares have surged ~35% YTD and nearly doubled year-over-year, supported by accelerating bookings growth and a robust FY26 outlook.I am upgrading YOU to a buy, citing substantial improvements in free cash flow and an accelerating growth trajectory.Despite the rally, YOU’s valuation remains reasonable, with a $5.62 billion enterprise value and strong balance sheet. XiFotos/iStock Unreleased via Getty Images Beyond the escalating tensions in Iran, the other major news item that has splattered across U.S. headlines is the funding crisis in the TSA. Partisan gridlock over funding for the Department of Homeland Security, which is still This article was written byGary Alexander33.5K FollowersFollowWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has been a regular contributor on Seeking Alpha since 2017. He has been quoted in many web publications and his articles are syndicated to company pages in popular trading apps like Robinhood.Analyst’s Disclosure: I/we have a beneficial long position in the shares of YOU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.