Ameriprise Financial, Inc. (AMP)

Ameriprise Financial Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for AMP stock have an average target of 447.1, with a low estimate of 365 and a high estimate of 504. The average target predicts an increase of 3.05% from the current stock price of 433.87.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$365	$447.1	$460	$504
Change	-15.87%	+3.05%	+6.02%	+16.16%

Analyst Ratings

The average analyst rating for AMP stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '24	Feb '24	Mar '24	Apr '24	May '24	Jun '24
Strong Buy	2	2	2	2	3	4
Buy	2	2	1	1	1	1
Hold	4	4	5	5	5	5
Sell	0	0	0	1	1	1
Strong Sell	0	0	0	0	0	0
Total	8	8	8	9	10	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Suneet Kamath Jefferies	Jefferies	Strong Buy Maintains $500 → $504	Strong Buy	Maintains	$500 → $504	+16.16%	Jun 28, 2024
John Barnidge Piper Sandler	Piper Sandler	Sell Maintains $390 → $387	Sell	Maintains	$390 → $387	-10.80%	Jun 28, 2024
Kevin Heal Argus Research	Argus Research	Strong Buy Maintains $440 → $460	Strong Buy	Maintains	$440 → $460	+6.02%	May 6, 2024
Kenneth Lee RBC Capital	RBC Capital	Buy Maintains $470 → $480	Buy	Maintains	$470 → $480	+10.63%	Apr 24, 2024
Thomas Gallagher Evercore ISI Group	Evercore ISI Group	Hold Maintains $400 → $445	Hold	Maintains	$400 → $445	+2.57%	Apr 11, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

17.02B

Increased by 9.53%

from 15.54B

Revenue Next Year

17.92B

Increased by 5.34%

from 17.02B

EPS This Year

35.29

Increased by 48.85%

from 23.71

EPS Next Year

38.59

Increased by 9.33%

from 35.29

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	12.97B	11.90B	13.38B	14.26B	15.54B	17.02B	17.92B	19.01B	20.31B	-
Revenue Growth	1.03%	-8.24%	12.42%	6.59%	8.96%	9.53%	5.34%	6.06%	6.84%	-
EPS	13.92	12.20	28.48	27.70	23.71	35.29	38.59	43.28	43.03	42.44
EPS Growth	-1.97%	-12.36%	133.44%	-2.74%	-14.40%	48.85%	9.33%	12.16%	-0.58%	-1.37%
Forward PE	-	-	-	-	-	12.29	11.24	10.02	10.08	10.22
No. Analysts	-	-	-	-	-	16	15	7	3	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027
High	18.0B	19.5B	20.0B	21.1B
Avg	17.0B	17.9B	19.0B	20.3B
Low	16.4B	16.9B	18.3B	19.7B

Revenue Growth

Revenue Growth	2024	2025	2026	2027
High	15.6%	14.6%	11.7%	11.1%
Avg	9.5%	5.3%	6.1%	6.8%
Low	5.3%	-0.5%	1.9%	3.7%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	37.16	41.13	46.02	49.25	44.12
Avg	35.29	38.59	43.28	43.03	42.44
Low	33.52	36.56	40.47	37.54	41.18

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	56.7%	16.5%	19.3%	13.8%	2.5%
Avg	48.9%	9.3%	12.2%	-0.6%	-1.4%
Low	41.4%	3.6%	4.9%	-13.3%	-4.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.