Ameriprise Financial

AMP · NYSE

$487.67+$7.26 (+1.51%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $480.41

AMP analyst rating

HoldConsensus of 10 analysts over the last 12 months. 30% rate it a buy.

Strong buy0
Buy3
Hold5
Underperform2
Sell0

12-month price target · 14 analysts

Average $590.06 (+21.0% upside)

Low: $493.89
Now: $487.67
High: $677.25

Upgrades and downgrades

The latest rating actions, newest first

AMP analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
B of A Securities	Oct 19, 2026	Downgrade	Buy → Underperform	$570.00 → $445.00	55%
Morgan Stanley	Oct 9, 2026	Maintains	Underweight	$489.00 → $483.00	54%
Evercore ISI Group	Oct 7, 2026	Maintains	In-Line	$623.00 → $632.00	59%
BMO Capital	Oct 6, 2026	Maintains	Market Perform	$560.00 → $520.00	56%
Argus Research	Jul 31, 2026	Maintains	Buy	$534.00 → $590.00	59%
Keefe, Bruyette & Woods	Jul 24, 2026	Maintains	Market Perform	$515.00 → $545.00	71%
RBC Capital	Jul 24, 2026	Maintains	Outperform	$560.00 → $595.00	29%
Evercore ISI Group	Jul 13, 2026	Maintains	In-Line	$589.00 → $625.00	59%
Piper Sandler	Jul 13, 2026	Maintains	Neutral	$471.00 → $518.00	37%
Morgan Stanley	Jul 10, 2026	Maintains	Underweight	$467.00 → $489.00	54%

The case for and against

Updated Oct 14, 2026

Bull case

Ameriprise Financial is well positioned for a positive outlook because its diversified model is generating strong growth across Advice & Wealth Management, Columbia Threadneedle, and Retirement & Protection, with roughly 65% of operating profit coming from advice and wealth management and $1.69 trillion in assets under management and advisory across segments at year-end 2025. The company’s 2Q26 results showed core EPS of $11.26, above expectations, supported by 13% year-over-year revenue growth, operating margins near 28%, and improving advisor productivity to $1.2 million per advisor, reflecting scale benefits from technology and automation. With nearly $1.2 trillion in segment AUM at year-end 2025, $678 billion at Columbia Threadneedle, and positive though temporarily noisy net flows, the franchise appears capable of sustaining earnings momentum despite near-term headwinds.

Bear case

Ameriprise Financial is highly exposed to market-sensitive revenue drivers, with roughly 65% of operating profit tied to advice and wealth management and $1.69 trillion in assets under management and advisory across segments at year-end 2025, making earnings vulnerable to equity market swings, interest rates, currency, and credit risk. Its scale in wealth management and Columbia Threadneedle’s $678 billion of assets under management are strengths, but they also intensify competition and leave results dependent on client asset growth, fee pressure, and broader general economic conditions. The retirement and protection services business adds further downside through adverse mortality and morbidity experience, while regulatory scrutiny and potential actions from rating agencies could constrain profitability and flexibility.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.