Clear Secure shares jump 115% on strong enterprise growth and raised 2026 guidance, now rated Hold.

Clear Secure's stock has surged 115% since a February 2025 Buy rating, driven by strong enterprise adoption and technological upgrades. The company's Medicare contract and expanding B2B partnerships position it as a leading digital identity provider in the US. Management raised 2026 guidance, forecasting over $440 million in free cash flow, robust revenue growth, and margin expansion from new products. Despite strong performance, shares are now considered expensive, and insider selling post-earnings leads to a Hold rating, with a potential buy opportunity if prices dip to the mid-40s.