WallStSmart
AMP

Ameriprise Financial Inc

NYSE: AMP · FINANCIAL SERVICES · ASSET MANAGEMENT

$474.79
-0.12% today

Updated 2026-04-30

Market cap
$42.83B
P/E ratio
11.85
P/S ratio
2.22x
EPS (TTM)
$40.12
Dividend yield
1.34%
52W range
$422 – $549
Volume
0.7M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Ameriprise Financial Inc (AMP) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$474.79
Consensus
$560.00
+17.95%
2030 Target
$3,124.37
+558.05%
DCF
—
—
17 analysts:
5 Buy5 Hold7 Sell

Management guidance

No specific revenue targets from CEO found in provided materials. Management has emphasized integrated business model strength, advisor growth, and $4.5B share buyback program, but has not provided explicit revenue guidance through 2030. Most recent forward commentary focuses on organic advisor recruitment and client asset growth (now at record $1.7T).

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$5,207.28
$24.1B Rev × 20x P/S
Base case (2030)
$3,124.37
$24.1B Rev × 12x P/S
Bear case (2030)
$2,082.91
$24.1B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$15.5B$17.3B$18.9B$19.4B$20.1B$21.2B$22.6B$24.1B
Revenue growth—11.1%9.5%2.6%3.6%5.5%6.6%6.6%
EPS$29.57$34.38$39.31$43.20$46.80$51.20$56.10$61.50
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$2,516.85$2,603.64$2,733.82$2,907.40$3,124.37

Catalysts & risks

Growth catalysts
+ Huntington Bank $28B wealth management outsourcing deal (announced Feb 2026) driving new AUM inflows
+ Organic advisor team recruitment and retention (478 Forbes-ranked teams, $1B NewEdge departure offset by net gains)
+ Digital investment platform expansion and technology infrastructure modernization
+ Margin expansion through operating leverage as AUM grows and fee compression stabilizes
+ Continued share buyback program ($4.5B authorized) supporting EPS growth
Key risks
- Cybersecurity breach (March 2026 ShinyHunters incident) creating regulatory and reputational headwinds with potential client attrition
- Fee compression from competitive pressure in wealth management and asset management businesses
- Market downturn impacting AUM and fee-based revenue (high sensitivity to equity markets given AUM concentration)
- Talent retention challenges post-NewEdge departure ($1B advisor exodus in Q1 2026)
- Regulatory scrutiny on data protection and potential compliance costs following recent breach
- Analyst sentiment deterioration (Goldman downgrade Feb 2026, BMO downgrade Apr 2026) suggesting valuation pressure

Methodology

Ameriprise Financial Inc's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 17 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.