KeyCorp (NYSE:KEY) Stock Price Expected to Rise, The Goldman Sachs Group Analyst Says

KeyCorp (NYSE:KEY) had its target price boosted by equities researchers at The Goldman Sachs Group from $25.00 to $26.00 in a report issued on Friday,MarketScreener reports. The firm presently has a “buy” rating on the financial services provider’s stock. The Goldman Sachs Group’s price target would indicate a potential upside of 19.33% from the stock’s current price.

Several other research firms have also weighed in on KEY. Argus increased their target price on KeyCorp from $21.00 to $25.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Wells Fargo & Company set a $18.00 target price on KeyCorp and gave the company an “underperform” rating in a research note on Tuesday, January 6th. DA Davidson raised their price target on KeyCorp from $25.00 to $26.00 and gave the stock a “buy” rating in a research report on Friday. Robert W. Baird raised their price target on KeyCorp from $19.00 to $22.00 and gave the stock a “neutral” rating in a research report on Friday. Finally, Jefferies Financial Group raised their price target on KeyCorp from $21.00 to $23.00 and gave the stock a “hold” rating in a research report on Friday. Twelve investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.13.

KeyCorp Trading Up 0.5%

NYSE:KEY opened at $21.79 on Friday. KeyCorp has a 1-year low of $13.68 and a 1-year high of $23.34. The business’s 50-day moving average price is $20.72 and its two-hundred day moving average price is $19.91. The company has a current ratio of 0.83, a quick ratio of 0.82 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of $23.37 billion, a price-to-earnings ratio of 13.37, a PEG ratio of 0.71 and a beta of 1.07.

KeyCorp (NYSE:KEY) last released its earnings results on Thursday, April 16th. The financial services provider reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.03. KeyCorp had a return on equity of 10.80% and a net margin of 17.03%.The firm had revenue of $1.95 billion for the quarter, compared to analyst estimates of $1.93 billion. During the same quarter in the prior year, the firm posted $0.38 earnings per share. The company’s quarterly revenue was up 10.2% on a year-over-year basis. On average, equities analysts expect that KeyCorp will post 1.5 earnings per share for the current year.

Insider Transactions at KeyCorp

In other news, insider Angela G. Mago sold 62,850 shares of the firm’s stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $21.55, for a total transaction of $1,354,417.50. Following the sale, the insider owned 261,415 shares of the company’s stock, valued at $5,633,493.25. This trade represents a 19.38% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Trina M. Evans sold 32,695 shares of the firm’s stock in a transaction dated Thursday, January 22nd. The stock was sold at an average price of $21.74, for a total value of $710,789.30. Following the sale, the director directly owned 58,719 shares in the company, valued at approximately $1,276,551.06. This represents a 35.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 161,506 shares of company stock valued at $3,597,481 over the last 90 days. 0.56% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Flywheel Private Wealth LLC bought a new position in shares of KeyCorp during the first quarter worth about $241,000. SG Americas Securities LLC grew its holdings in shares of KeyCorp by 289.2% during the first quarter. SG Americas Securities LLC now owns 1,810,016 shares of the financial services provider’s stock worth $36,291,000 after buying an additional 1,344,941 shares in the last quarter. Park National Corp OH grew its holdings in shares of KeyCorp by 6.2% during the first quarter. Park National Corp OH now owns 16,556 shares of the financial services provider’s stock worth $332,000 after buying an additional 964 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S grew its holdings in shares of KeyCorp by 54.1% during the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 89,496 shares of the financial services provider’s stock worth $1,794,000 after buying an additional 31,411 shares in the last quarter. Finally, Diversified Trust Co bought a new position in shares of KeyCorp during the first quarter worth about $1,594,000. 79.69% of the stock is currently owned by institutional investors.

Trending Headlines about KeyCorp

Here are the key news stories impacting KeyCorp this week:

• Positive Sentiment: Q1 beat on both top and bottom lines — EPS $0.44 vs. $0.41 consensus and revenue $1.95B (+10.2% y/y). Loan growth and rising net interest income were key drivers of the beat. KEY Q1 Earnings Beat
• Positive Sentiment: Share repurchase program and capital return: Key repurchased $389M in Q1 and signaled at least $1.3B of buybacks for 2026, supporting EPS recovery and shareholder return expectations. Buyback Signal
• Positive Sentiment: Broker upgrades/price target lifts: Multiple firms raised targets (Goldman Sachs and DA Davidson to $26; RBC to $24; Jefferies, Baird nudged targets), a near‑term support for the stock from analysts. Analyst Target Changes
• Neutral Sentiment: Management tone: CEO Chris Gorman described the consumer as “in good shape” on TV, offering reassurance on consumer demand even as certain business lines face headwinds. CEO Interview
• Neutral Sentiment: Operational metrics: NIM guidance and targets (management is targeting ~3.05% exit NIM), CET1 ~11.4%, and quarter‑end loans rose meaningfully — important context for medium‑term profitability but not an immediate catalyst. Q1 Press Release
• Negative Sentiment: Costs and provisions rose and expenses remain elevated; management flagged mixed capital ratios — these factors temper margin upside and valuation multiple expansion. Deep Dive
• Negative Sentiment: Weakness in investment‑banking / M&A fees and guidance caution led to an initial shares dip after the print; deal activity uncertainty is a risk for fee income going forward. Guidance Concerns

About KeyCorp

KeyCorp is a bank holding company headquartered in Cleveland, Ohio, that operates through its primary banking subsidiary, KeyBank. It provides a broad range of banking and financial services to individual consumers, small businesses, middle-market companies and large corporations. KeyBank’s offerings span traditional deposit and lending products as well as more specialized financial solutions designed for commercial and institutional clients.

The company’s product and service mix includes retail banking products such as checking and savings accounts, consumer and residential mortgage lending, and auto financing.