Probably so, but I ain't mad at it.
The cool thing is that Reeves knows this. He is humble as hell and knows that he's not an amazing actor by any stretch. He understands that he was a movie star as was fortunate to get a career resurgence with the John Wick role. He doesn't pretend to be hot shyt or a great actor and I think that's pretty dope. He's one of the most non-Hollywood movie stars there's ever been. He's not out there on red carpets or acting pretentious. He's just doing a job like everyone else in the world treats it as such.
What I will give him credit for is that he is a great physical actor. At this point he's basically a stuntman that also acts. The John Wick flicks if nothing else are awesome dedications to the highest level stuntworkers and choreographers in the business. They've made casual moviegoers appreciate a lot of the people behind the camera.
Plus Reeves is able to do a lot with his body language and his face during action sequences, and while it's not Daniel Day-Lewis type shyt, it's a difficult skill-set in its own right and not everyone can do it.
Say what you will, but the man has serious dedication to his craft and he's 50+ years old putting on very legitimate physical performances on screen.