KeyCorp (KEY) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$22.23
Price Target
$23.11
Target Range
$18.00 — $26.00
Analyst Rating
Buy
Forward P/E12.2x
Trailing P/E14.6x
Forward PEG3.35
Implied Growth+8.7%
Median Target$24.00
Analyst Spread34.6%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$18
-19.0%
Consensus
$23
+4.0%
Bull Case
$26
+17.0%
KEY Price Target Analysis
Updated May 7, 2026As of May 7, 2026, KeyCorp (KEY) has a Wall Street consensus price target of $23.11, based on estimates from 51 covering analysts. With the stock currently trading at $22.23, this represents a potential upside of +4.0%. The company has a market capitalization of $24.51B.
Analyst price targets range from a low of $18.00 to a high of $26.00, representing a 35% spread in expectations. The median target of $24.00 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 31 analysts rating the stock as a Buy or Strong Buy,18 rating it Hold, and 2 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, KEY trades at a trailing P/E of 14.6x and forward P/E of 12.2x. The forward PEG ratio of 3.35 reflects a premium valuation. Analysts expect EPS to grow +8.7% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Financial Services stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+12.5%
Avg Forward P/E12.4x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 RFRegions Financial Corporation | $24.5B | $28.21 | $30.78 | +9.1% | Hold | 10.8x | 52 |
 CFGCitizens Financial Group, Inc. | $28.3B | $65.62 | $72.42 | +10.4% | Buy | 12.7x | 38 |
 HBANHuntington Bancshares Incorporated | $26.3B | $16.64 | $20.38 | +22.5% | Buy | 11.4x | 48 |
 FITBFifth Third Bancorp | $34.1B | $50.84 | $56.50 | +11.1% | Buy | 16.5x | 51 |
 MTBM&T Bank Corporation | $33.4B | $217.42 | $237.71 | +9.3% | Hold | 11.7x | 48 |
 ZIONZions Bancorporation, National Association | $9.5B | $63.96 | $67.83 | +6.1% | Hold | 9.9x | 50 |
 CMAComerica Incorporated | $11.3B | $88.67 | $103.00 | +16.2% | Hold | 16.5x | 62 |
 USBU.S. Bancorp | $87.3B | $56.16 | $63.82 | +13.6% | Hold | 11.0x | 49 |
 PNCThe PNC Financial Services Group, Inc. | $89.9B | $222.42 | $252.63 | +13.6% | Hold | 12.0x | 46 |
 TFCTruist Financial Corporation | $66.8B | $50.80 | $57.56 | +13.3% | Buy | 11.2x | 54 |
Upside Potential Comparison
HBANCMAUSBPNCTFCFITBCFGMTBFull KEY Stock Analysis
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Start ComparisonKEY — Frequently Asked Questions
Quick answers to the most common questions about buying KEY stock.
What is the KEY stock price target for 2026?
The consensus price target for KEY is $23.11, close to the current price of $22.23 (4.0% implied move). Based on 51 analyst estimates, the stock appears fairly valued near current levels.
Is KEY a buy, sell, or hold?
KEY has a consensus rating of "Buy" based on 51 Wall Street analysts. The rating breakdown is predominantly bullish, with 31 Buy/Strong Buy ratings. The consensus 12-month price target of $23.11 implies 4.0% upside from current levels.
Is KEY stock overvalued or undervalued?
With a forward P/E of 12.2425x, KEY trades at a relatively low valuation. The consensus target of $23.11 implies 4.0% appreciation, suggesting the market may be pricing in risks.
How high can KEY stock go?
The most bullish Wall Street analyst has a price target of $26 for KEY, while the most conservative target is $18. The consensus of $23.11 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover KEY stock?
KEY is heavily covered by Wall Street, with 51 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 31 have Buy ratings, 18 recommend Hold, and 2 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the KEY stock forecast?
The 12-month KEY stock forecast based on 51 Wall Street analysts shows a consensus price target of $23.11, with estimates ranging from $18 (bear case) to $26 (bull case). The median consensus rating is "Buy".
What is KEY's forward P/E ratio?
KEY trades at a forward P/E ratio of 12.2x based on next-twelve-months earnings estimates compared to a trailing P/E of 14.6x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy KEY stock?
KEY appears fairly valued according to analysts, with a "Buy" rating and minimal upside to the $23.11 target. Consider your investment thesis and risk tolerance. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do KEY price targets vary so much?
KEY analyst price targets range from $18 to $26, a 35% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $23.11 consensus represents the middle ground.