NYSE: AMP · Asset Management
Ameriprise Financial (AMP) fair value: undervalued or overvalued?
As of 3 Oct 2026, Faircurve's model values Ameriprise Financial (AMP) at $669.49 a share. The stock last closed at $490.91, which puts the model's fair value 36.4% above the price. On the model's bands that reads as Undervalued.
Revalued . Price is the close of 2 Oct 2026. Ameriprise Financial, Inc.
Faircurve Insights · 3 Oct 2026
Ameriprise Financial, Inc. is a holding company, which engages in providing financial planning, asset management, and insurance services to individuals, businesses, and institutions.
Faircurve's model valued Ameriprise Financial, Inc. on 3 Oct 2026. The model's fair value was $669.49 a share, the midpoint of 2,000 simulations. The previous run on 26 Sep 2026 gave $672.41, meaning the fair value moved -0.4%. The calibrated range over 63 trading days was $558.56 to $811.63, built from the fair value. Ranges built this way held the price 60% of the time at this horizon, over 4,809 past valuations. The evidence grade was High.
The overall quality score was 76 out of 100 against comparable companies. The comparable companies the model uses are Ares Management Corporation (ARES), Apollo Global Management, Inc. (APO), and T. Rowe Price Group, Inc. (TROW). Moves around the last 8 earnings reports, measured from the close before each report to the close after it, include +0.4% on 23 Jul 2026 and -5.4% on 30 Oct 2025. The median size, ignoring direction, was 3.0%.
Written from the figures on this page for the 3 Oct 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.
What price range does the model give AMP?
The calibrated range for AMP over 63 trading days is $558.56 to $811.63. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 4,809 past valuations, refreshed 3 Oct 2026). Ranges built this way held the price 60% of the time at this horizon.
The price is below this range. For names with fair value 30%+ above price, the calibrated range has held the price 29% of the time over 63 trading days, and 71% ended below it; the typical move was +4.4%.
The model's own simulated range, from the 20th to the 80th percentile of its runs, is $564.47 to $787.69. In 95% of the simulations the fair value came out above the price the model ran on.
How does AMP score on business quality?
Ameriprise Financial's overall quality score is 76 out of 100. Each factor below is a score against comparable companies, not a percentile of the metric beside it.
| Factor | Score (0 to 100) | Headline measure | Peer median |
|---|---|---|---|
| ProfitabilityReturn on invested capital against the peer group, with a bonus for an improving trend. | 100 | 158.7%ROIC | 8.4% |
| Earnings qualityHow much of reported profit is cash: free cash flow to net income, and the accrual ratio (the share of earnings that is not cash). | 64 | 2.04xFCF / net income | 1.29x |
| Growth qualityTrailing revenue growth, forward growth from consensus, and the direction of analyst estimate revisions. | 39 | 5.2%Revenue growth, trailing | 17.2% |
| Capital disciplineReinvestment efficiency (capital spending per unit of revenue) and net buybacks. | 78 | 7.4%Net buybacks / market value | 1.2% |
| Balance sheetNet debt to EBITDA and interest coverage. | 76 | -0.68xNet debt / EBITDA | 0.86x |
| StabilityDownside volatility of the EBITDA margin over the last five years. | 100 | 1.6 ptsEBITDA margin downside volatility, 5y | 10.7 pts |
How does AMP compare with similar companies?
The companies in asset management closest to Ameriprise Financial in market value, each on the same model and the same date.
| Company | Last close | Model fair value | Gap | Model verdict |
|---|---|---|---|---|
| STT State Street Corporation | $175.96 | $168.25 | -4.4% | Low evidence grade |
| ARES Ares Management Corporation | $117.55 | $86.00 | -26.8% | Overvalued |
| NTRS Northern Trust Corporation | $171.40 | $140.94 | -17.8% | Low evidence grade |
| RJF Raymond James Financial, Inc. | $158.21 | $157.79 | -0.3% | Low evidence grade |
| APO Apollo Global Management, Inc. | $114.02 | $141.41 | +24.0% | Undervalued |
| KKR KKR & Co. Inc. | $90.29 | $69.99 | -22.5% | Low evidence grade |
| PFG Principal Financial Group, Inc. | $111.96 | $120.31 | +7.5% | Low evidence grade |
| TROW T. Rowe Price Group, Inc. | $104.62 | $127.17 | +21.6% | Undervalued |
When does AMP report earnings, and how has the stock reacted?
Ameriprise Financial's next earnings report is scheduled for 29 Oct 2026. Companies can move their dates.
Options prices on 2 Oct 2026 imply a move of about 6.4% in either direction through the nearest expiry, about 13 days out. That is the size the market is pricing, not a direction.
How AMP moved around its last 8 earnings reports
Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 3.0%.
| Report date | Two session move |
|---|---|
| 23 Jul 2026 | +0.4% |
| 23 Apr 2026 | -0.9% |
| 29 Jan 2026 | +5.5% |
| 30 Oct 2025 | -5.4% |
| 24 Jul 2025 | -3.0% |
| 24 Apr 2025 | -1.3% |
| 29 Jan 2025 | -4.2% |
| 23 Oct 2024 | -3.0% |
Ameriprise Financial at a glance
Ameriprise Financial, Inc. is a holding company, which engages in providing financial planning, asset management, and insurance services to individuals, businesses, and institutions.
- Market value
- $44.1B
- Sector
- Financial Services
- Industry
- Asset Management
- Revenue expected, next twelve months
- $20.8B
- Consensus revenue growth, next fiscal year
- +5.8%
- Analysts with estimates
- 7
- Beta to the US market
- 1.04
- First valued by Faircurve
- 4 Jul 2026
How the fair value is worked out: the model prices Ameriprise Financial on the value of the whole business, debt included, against the operating profit analysts expect next year (forward EV/EBITDA), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.
What changed in the latest valuation?
On 26 Sep 2026 the model's fair value for AMP was $672.41. As of 3 Oct 2026 it is $669.49, a change of -0.4%. The model revalues every stock it covers each week, and again after an earnings report.
Questions about Ameriprise Financial's valuation
Is Ameriprise Financial stock undervalued or overvalued?
On Faircurve's model, AMP reads as Undervalued as of 3 Oct 2026. The model's fair value is $669.49 a share against a last close of $490.91, a gap of +36.4%.
What is AMP's fair value?
$669.49 a share as of 3 Oct 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $564.47 to $787.69.
What price range does the model give AMP?
$558.56 to $811.63 over 63 trading days. Ranges built this way held the price 60% of the time across 4,809 past valuations, refreshed 3 Oct 2026.
When does Ameriprise Financial report earnings next?
The next report is scheduled for 29 Oct 2026. Companies can move their dates.
How much has AMP moved on past earnings reports?
Across its last 8 reports the median two session move was 3.0%, ignoring direction. The largest was +5.5% around the report of 29 Jan 2026.
How confident is the model in this valuation?
The model's evidence grade for AMP is high. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It is not a probability that the fair value is right, or that the price reaches it.