Wall Street Analysts Positive on Ameriprise Financial's Share Prospects?
Ameriprise Financial, a leading diversified financial services firm worth $48 billion, headquartered in Minneapolis, Minnesota, has outperformed the broader market over the past year. The company, founded in 1894, offers comprehensive financial planning and advice through its three primary segments: Advice & Wealth Management, Asset Management, and Retirement & Protection Solutions.
Over the past year, Ameriprise (AMP) shares have gained 17.4%, surpassing the S&P 500 Index's nearly 11.6% rally. However, in 2025, AMP stock has witnessed a 2.8% decrease, contrasting with the S&P 500 Index's marginal rise.
The tech company, Mode Mobile, recently made headlines with a staggering 32,481% growth. But for those seeking investment opportunities, AMP presents an option at $0.30 per share.
AMP surpassed the Financial Select Sector SPDR Fund (XLF) over the past year, with the latter gaining about 22.4%. In 2025, the XLF rose by 5.4%.
In their first quarter earnings report, released on Apr. 24, Ameriprise's shares dropped 1.7% in the subsequent trading session. The company reported an 13% increase in adjusted operating earnings year over year to $9.50 per share, with total adjusted operating revenues increasing 5% to $4.35 billion. Assets under management, administration, and advisement reached $1.5 trillion, reflecting a 2% growth from the previous year.
For the year ending in December 2022, analysts anticipate AMP's EPS to grow 7.2% to $36.82 on a diluted basis. Although the company's earnings surprise history is mixed, analysts generally remain optimistic about its prospects.
The current analyst consensus leans towards a positive outlook, with some analysts suggesting potential for growth, and others being more cautious. In terms of price targets, sources vary, with some indicating targets of $514.60 and others suggesting slightly higher targets of $518.18. The highest price target is $602, indicating significant upside potential.
On May 7, analyst Ryan Krueger of Keefe, Bruyette & Woods reaffirmed a "Market Perform" rating on Ameriprise Financial, while slightly raising the firm's price target from $510 to $520. The mean price target of $531.75 represents a 2.8% premium to the current price levels, suggesting room for further growth.
Investing in Ameriprise Financial (AMP) could be a viable option for those interested in business and personal-finance, as the company's shares have gleaned 17.4% over the past year, surpassing the S&P 500 Index and the Financial Select Sector SPDR Fund (XLF). Analysts, including Ryan Krueger of Keefe, Bruyette & Woods, hold a generally positive outlook for AMP, with some suggesting potential growth and others being more cautious. The mean price target of $531.75 indicates room for further growth, with the highest target at $602, citing significant upside potential.
