KeyCorp

KeyCorp (KEY) Stock Analysis

$21.910

-0.110 (-0.50%)At close

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High
22.235
Open
22.140
VWAP
22.01
Vol
7.59M
Mkt Cap
12.84B
Low
21.870
Amount
167.05M
EV/EBITDA, TTM
12.15

KeyCorp is a bank-based financial services company, which operates through its subsidiary, KeyBank National Association (KeyBank). Through KeyBank and certain other subsidiaries, it provides a range of retail and commercial banking, commercial leasing, investment management, consumer finance, student loan refinancing, commercial mortgage servicing and special servicing, and investment banking products and services to individual, corporate, and institutional clients. Its segment includes Consumer Bank and Commercial Bank. The Consumer Bank serves individuals and small businesses by offering a variety of deposit and investment products, personal finance and financial wellness services, lending, student loan refinancing, mortgage and home equity, credit card, treasury services, and others. The Commercial Bank consists of the Commercial and Institutional operating segments. The Commercial operating segment is focused on serving the borrowing, cash management, and capital markets.

www.key.com

AI analysis of KeyCorp (KEY)

buy

KeyCorp is a good buy right now due to its current price of $21.91, which is significantly below the intrinsic value estimate of $38.67, indicating a potential upside of 41.4%. Additionally, the stock has a forward P/E ratio of 12.17, which is attractive compared to the industry average, suggesting it is undervalued. The main risk is the RSI at 32.125, indicating the stock is currently oversold, but this presents a buying opportunity for long-term investors.

Analyst Ratings (28)

+4.97% upside
Buy
18 Buy
9 Hold
1 Sell
Current: 21.91
Low
18.00
Average
23.00
High
25.00

RBC Capital

2026-07-22

Price Target

$25

Outperform

Baird

2026-07-22

Price Target

$23

Neutral

Keefe Bruyette

2026-07-22

Price Target

$26

Outperform

UBS

2026-07-07

Price Target

$27

Buy

JPMorgan

2026-07-06

Price Target

Neutral

Valuation Metrics

The current forward P/E ratio for KeyCorp (KEY) is 12.17, compared to its 5-year average forward P/E of 11.05.

Forward P/E

Fair
5Y Average P/E
11.05
Current P/E
12.17
Overvalued
13.06
Undervalued
9.04

Forward EV/EBITDA

Overvalued
5Y Average EV/EBITDA
2.29
Current EV/EBITDA
12.15
Overvalued
8.57
Undervalued
-4.00

Forward P/S

Fair
5Y Average P/S
2.38
Current P/S
2.72
Overvalued
2.85
Undervalued
1.92

Alphio AI Price Scenarios for KEY

Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

B

Bull

Bull · 25%KEY

$12.32

Scenario price

B

Base

Base · 50%KEY

$11.75

Scenario price

B

Bear

Bear · 25%KEY

$11.74

Scenario price

Whales holding KEY

T

Tortoise Capital Advisors, L.L.C.

+ HoldingKEY

+6.10%

3M Return

E

Energy Income Partners LLC

+ HoldingKEY

+5.87%

3M Return

Q

QV Investors Inc.

+ HoldingKEY

+5.71%

3M Return

C

Cushing Asset Management, LP

+ HoldingKEY

+5.49%

3M Return

A

Artemis Investment Management LLP

+ HoldingKEY

+4.84%

3M Return

R

RBC Global Asset Management Inc.

+ HoldingKEY

+3.43%

3M Return

Events Timeline

2026-07-21 (ET)

09:30:00

KeyCorp Expects Mid-Single Digit Growth in Investment Banking Fees

09:30:00

KeyCorp Sees Q3 Investment Banking Fees Up Over 20% q/q

09:30:00

KeyCorp: Stronger Loan Growth Drives NIM Up in Q2

09:30:00

Expects Clearwater Transaction to Close in 2H26

09:30:00

Company Guidance Indicates Substantial Positive Operating Leverage

News

KEY FAQ — answered by Alphio AI

KeyCorp is a bank-based financial services company, which operates through its subsidiary, KeyBank National Association (KeyBank). Through KeyBank and certain other subsidiaries, it provides a range of retail and commercial banking, commercial leasing, investment management, consumer finance, student loan refinancing, commercial mortgage servicing and special servicing, and investment banking products and services to individual, corporate, and institutional clients. Its segment includes Consumer Bank and Commercial Bank. The Consumer Bank serves individuals and small businesses by offering a variety of deposit and investment products, personal finance and financial wellness services, lending, student loan refinancing, mortgage and home equity, credit card, treasury services, and others. The Commercial Bank consists of the Commercial and Institutional operating segments. The Commercial operating segment is focused on serving the borrowing, cash management, and capital markets. It operates in the Financials sector (NATIONAL COMMERCIAL BANKS industry).

KeyCorp is a good buy right now due to its current price of $21.91, which is significantly below the intrinsic value estimate of $38.67, indicating a potential upside of 41.4%. Additionally, the stock has a forward P/E ratio of 12.17, which is attractive compared to the industry average, suggesting it is undervalued. The main risk is the RSI at 32.125, indicating the stock is currently oversold, but this presents a buying opportunity for long-term investors.

28 analysts cover KEY: 18 rate it Buy, 9 Hold and 1 Sell. The average price target is 23.00.

This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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