KeyCorp stock heads toward October 20 earnings after an EPS beat

Published on 10/04/2026 at 12:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

JPMorgan lowered KeyCorp's target from USD 24.50 to USD 23.00 on October 2, 2026. Q3 results are scheduled for October 20 after Q2 EPS reached USD 0.44.

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KeyCorp stock (ISIN US4932671088) was last at USD 20.08 on the NYSE on October 2, 2026, up 0.15 percent, as investors weighed a lower JPMorgan target ahead of the bank's Q3 report. The latest quarterly figures still show USD 0.44 diluted EPS and USD 1.96 billion in revenue for Q2 2026.

JPMorgan lowers its target

JPMorgan cut its KeyCorp price target from USD 24.50 to USD 23.00 on October 2, 2026, while maintaining a Neutral rating, MarketBeat reported. The new target remains USD 2.92 above the October 2 reference price, or 14.5 percent above it.

The broader analyst picture is less cautious. MarketBeat lists a Moderate Buy consensus from 20 analysts, with an average target of USD 48.94, a high target of USD 415.00 and a low target of USD 22.00. The average target is 143.7 percent above the USD 20.08 reference price, a wide spread that makes the consensus less uniform than its label suggests.

Q2 earnings set the benchmark

Stock Titan reported that KeyCorp's Q2 2026 diluted EPS rose to USD 0.44 from USD 0.35 in the year-earlier quarter, while taxable-equivalent revenue increased 6.7 percent to USD 1.96 billion. Net interest income grew 9.4 percent to USD 1.26 billion, and the net interest margin was 2.89 percent.

The same September 25, 2026 filing summary showed first-half 2026 taxable-equivalent revenue of USD 3.917 billion, up 8 percent from the prior-year period, and diluted EPS of USD 0.88, up 28 percent. KeyCorp also reported a 9.8 percent marked CET1 ratio and USD 341 million in common-share repurchases during Q2 2026.

October 20 is the next test

KeyCorp is scheduled to report Q3 2026 results on October 20, 2026, before the market opens, with a consensus EPS estimate of USD 0.46 and expected revenue of USD 2.04 billion, according to MarketBeat. That report will test whether the Q2 growth rate can continue while the stock remains below its 52-week high of USD 24.07.

KeyCorp stock stays below its yearly high

KeyCorp stock was last at USD 20.08 on the NYSE on October 2, 2026, with a 52-week range of USD 16.47 to USD 24.07 and market capitalization of USD 21.7 billion. Trading volume was 12,450,296 shares, giving investors a clear market reference before the October earnings date.