Clear Secure app downloads surging amid shutdown, says JPMorgan

JPMorgan analyst Cory Carpenter says Clear Secure (YOU) app downloads have surged nearly 275% year-over-year in March amid the partial government shutdown and Transportation Security Administration worker callouts. Clear lanes have remained open at all airports during the shutdown, with the exception of periodic temporary closures in Houston and Atlanta, the analyst tells investors in a research note. JPMorgan expects Clear app downloads to remain elevated until TSA callout rates normalize. It sees “healthy upside potential” to the company’s Q1 and 2026 estimates. JPMorgan has an Overweight rating on Clear Secure.