$KEY

RBC Capital maintained an Outperform rating on KeyCorp with a $24 price target, implying 15.3% upside. KeyCorp reported strong net interest income growth to $1.31 billion and improved credit quality metrics, including a decrease in nonperforming assets to 0.62% and net charge-offs to 0.32%.

DA Davidson raised its price target for KeyCorp (NYSE:KEY) to $27.00 from $26.00, citing strong earnings growth and a solid quarterly performance. The stock trades at a P/E ratio of 12.13 with a 3.94% dividend yield. KeyCorp reported Q3 2026 earnings of $0.51 per share, beating estimates, and revenue of $2.04 billion, slightly below forecasts. The company also maintained its net interest margin target and showed improvement in credit trends.

Stock Preachers reported that Equifax (EFX), Hasbro (HAS), 3M (MMM), and KeyCorp (KEY) rose 4.47%–11.33% due to Q3 results and updates. The gains were driven by revenue, EPS, outlook changes, partnerships, and records. Investors should monitor guidance, mortgage volume, sustainability metrics, data center orders, and net interest margins for these companies.

On Tuesday, the Dow Jones and Russell 2000 rose, while the Nasdaq and S&P 500 saw modest gains. Four companies outside Big Tech—3M, Equifax, Hasbro, and KeyCorp—saw significant stock price increases (4.47% to 11.33%) due to earnings reports. 3M reported $6.6B in Q3 sales and raised its 2026 EPS guidance. Equifax saw 10% revenue growth but lowered its 2026 revenue outlook. Hasbro reported 15% revenue growth, driven by Magic: The Gathering, and raised its 2026 outlook.

KeyCorp's leadership expects strong revenue and earnings growth in 2027, driven by fixed-asset repricing and deposit gathering. The company aims for a 15%+ ROTCE in Q4 2027, with confidence in meeting this target, according to CEO Chris Gorman and CFO Clark Khayat.

PNC, U.S. Bancorp, KeyCorp, and Fifth Third are integrating AI into operations, focusing on internal processes and commercial lending. PNC reported $10.4B and $42.4B increases in average commercial loans from Q2 and last year, respectively. U.S. Bancorp saw 8% YOY loan growth, while KeyCorp's commercial loans rose to $83.1B. Regions reported 5.3% YOY business loan growth. Consumer credit trends varied, with Regions and U.S. Bancorp noting stable performance.

KeyCorp reported Q3 2026 net income of $537M, up from $454M a year earlier, with diluted EPS at $0.51. Revenue reached $2.04B, an 8% year-over-year increase. The company repurchased $320M in common shares and maintained a CET1 ratio of 11.1%. Net interest income was $1.30B, and noninterest income was $744M, with notable growth in investment banking fees.

KeyCorp (KEY) is set to report Q3 earnings, with analysts expecting $0.46 EPS on $2.05B revenue, up 12.6% YoY. Investors will watch for margin expansion as the bank raised its prime lending rate. 60% of analysts rate it a buy, with a $25.11 avg. target. Last quarter, KeyCorp beat EPS estimates but missed on revenue.

TD Cowen reinstated KeyCorp (KEY) with a 'Buy' rating and a $23.00 price target, citing potential upside from the current $19.74 share price. GuruFocus values KEY at $22.45, suggesting a 12.1% undervaluation. The company has a GF Score™ of 71/100, indicating solid performance. Insiders sold $568,500 worth of shares in the past three months.

KeyCorp's average 12-month price target was reduced from $24.28 to $24.11 by 18 analysts, with a range of $21 to $27. This implies a 20% upside from the Oct. 6 closing price. The consensus rating remains 'Buy' among 22 analysts, with 12 Buys and 10 Holds.