Evercore cuts target for KeyCorp stock to USD 24.00

Published on 10/17/2026 at 18:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

KeyCorp reports third-quarter results on October 20, 2026, with consensus earnings per share of USD 0.46. KeyCorp stock stood at EUR 17.90 on October 16, 2026 at 1:35 p.m. CEST, up 0.67 percent on the day on Tradegate.

Targets, earnings and valuation

Evercore ISI lowered its KeyCorp target to USD 24.00 from USD 26.00 on October 1, 2026.
KeyCorp is scheduled to report third-quarter results on October 20, 2026, with consensus earnings per share of USD 0.46.
KeyCorp stock stood at EUR 17.90 on Tradegate on October 16, 2026 at 1:35 p.m. CEST, up 0.67 percent on the day.
KeyCorp had a market capitalization of USD 21.6 billion and a P/E ratio of 11.62 as of October 16, 2026.

Isometrische 3D-Illustration einer Bank-Wertschöpfungskette von Filiale bis Wachstum — KeyCorp mit ISIN US4932671088 veranschaulicht als isometrische 3D-Grafik die Wertschöpfungskette von Filiale bis Wachstum, Illustration mit AI erstellt.

Evercore ISI lowered its price target for KeyCorp (ISIN US4932671088) to USD 24.00 from USD 26.00 on October 1, 2026, while keeping an Outperform rating, according to Markets Insider. The new target stood 20.06 percent above KeyCorp's USD 19.99 NYSE price on October 16, 2026. KeyCorp stock stood at EUR 17.90 on Tradegate on October 16, 2026 at 1:35 p.m. CEST, up 0.67 percent on the day.

Results date adds a near-term marker

KeyCorp is scheduled to report its third-quarter 2026 results on October 20, 2026. Zacks lists consensus earnings per share of USD 0.46 for the quarter ending September 2026. That figure gives the upcoming release a concrete benchmark, while the target revision gives investors a second reference point for the stock.

Second-quarter figures set the comparison

KeyCorp's second-quarter 2026 filing showed six-month revenue of USD 1.964 billion and net income of USD 509.0 million, up from USD 1.840 billion and USD 425.0 million a year earlier. EarningsStory also reported that management raised its full-year revenue and net interest income outlook. The revenue comparison represents growth of 6.74 percent, while net income increased 19.76 percent.

Price position and valuation

KeyCorp's USD 16.91 to USD 24.07 52-week range placed the October 16 price 16.88 percent below the high and 18.22 percent above the low. The stock's market capitalization was USD 21.6 billion, with a P/E ratio of 11.62 and a dividend yield of 4.00 percent as of October 16, 2026. On the NYSE, KeyCorp last stood at USD 19.99 on October 16, 2026 at 4:00 p.m. ET.

Comparison with peers

KeyCorp (NYSE, USD): plus 0.67 percent, P/E 11.62, market capitalization USD 21.6 billion
Fifth Third Bancorp (Nasdaq, USD): plus 0.04 percent, P/E 17.19, market capitalization USD 45.7 billion
Regions Financial Corporation (NYSE, USD): plus 0.51 percent, P/E 10.76, market capitalization USD 23.4 billion

What the next report will test

The October 20 release will show whether the second-quarter growth profile carried into the September quarter. For investors, the key figures are the USD 0.46 consensus earnings-per-share estimate and the bank's ability to sustain the revenue and net interest income outlook described in the June-period filing.

KeyCorp was last at EUR 17.90 on Tradegate on October 16, 2026 at 1:35 p.m. CEST, up 0.67 percent on the day.