AMP (AMP) Stock Overview
Provides banking, super, and retirement services in Australia and New Zealand. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 3/6 |
| Financial Health | 1/6 |
| Dividends | 1/6 |
AMP Community Fair Values
Create NarrativeSee what 24 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
AMP Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$2.42 |
| 52 Week High | AU$2.45 |
| 52 Week Low | AU$1.14 |
| Beta | 0.37 |
| 1 Month Change | 45.35% |
| 3 Month Change | 59.21% |
| 1 Year Change | 29.07% |
| 3 Year Change | 94.38% |
| 5 Year Change | 109.52% |
| Change since IPO | -89.48% |
Recent News & Updates
Narrative Update • Jul 31
AMP: Future Returns Will Hinge On China Pensions And Capital Management
The analyst price target for Ameriprise has been revised higher to A$2.07 from A$1.97, with analysts pointing to updated revenue expectations, a slightly firmer profit margin profile, and an adjusted future P/E assumption as key supports for the change. Analyst Commentary Recent Street research on Ameriprise gives investors a mixed but generally constructive read on AMP, with several firms lifting their price targets while keeping a wide range of ratings.
New Narrative • Jul 29
Aging Population Tailwinds Will Be Offset By Margin Pressure And Slowing Retirement Income Products
Catalysts About AMP AMP is an Australian wealth management and banking group with businesses across platforms, superannuation and investments, a retail bank and New Zealand wealth, supported by international partnerships. What are the underlying business or industry changes driving this perspective?Narrative Update • Jul 17
AMP: Future Returns Will Turn On China Pensions Buybacks And Margin Execution
Analysts have lifted their fair value estimate for Ameriprise to A$1.97 from A$1.76, reflecting updated views on AMP's earnings mix and valuation, as recent price target increases cite firm fundamentals, profit margin expectations and sector wide reassessments. Analyst Commentary Recent research on Ameriprise highlights a split view, with several bullish analysts lifting price targets while more cautious voices focus on sector specific headwinds and stock specific valuation risks.Recent updates
Narrative Update • Jul 31
AMP: Future Returns Will Hinge On China Pensions And Capital Management
The analyst price target for Ameriprise has been revised higher to A$2.07 from A$1.97, with analysts pointing to updated revenue expectations, a slightly firmer profit margin profile, and an adjusted future P/E assumption as key supports for the change. Analyst Commentary Recent Street research on Ameriprise gives investors a mixed but generally constructive read on AMP, with several firms lifting their price targets while keeping a wide range of ratings.New Narrative • Jul 29
Aging Population Tailwinds Will Be Offset By Margin Pressure And Slowing Retirement Income Products
Catalysts About AMP AMP is an Australian wealth management and banking group with businesses across platforms, superannuation and investments, a retail bank and New Zealand wealth, supported by international partnerships. What are the underlying business or industry changes driving this perspective?Narrative Update • Jul 17
AMP: Future Returns Will Turn On China Pensions Buybacks And Margin Execution
Analysts have lifted their fair value estimate for Ameriprise to A$1.97 from A$1.76, reflecting updated views on AMP's earnings mix and valuation, as recent price target increases cite firm fundamentals, profit margin expectations and sector wide reassessments. Analyst Commentary Recent research on Ameriprise highlights a split view, with several bullish analysts lifting price targets while more cautious voices focus on sector specific headwinds and stock specific valuation risks.Narrative Update • Jul 03
AMP: Future Returns Will Turn On Buybacks Margins And Mixed Street Signals
Analysts have lifted the AMP fair value estimate from A$1.69 to A$1.76, citing a series of recent price target increases and adjustments to revenue, margin and future P/E assumptions across the latest research updates. Analyst Commentary Recent Street research on Ameriprise provides useful context for how professional investors are thinking about valuation, growth and execution, which can be helpful when assessing AMP at its updated fair value estimate.Narrative Update • Jun 06
AMP: Future Returns Will Hinge On Buybacks And Margin Execution
Analysts have nudged their AMP fair value estimate slightly lower to A$1.69 from A$1.71, citing updated assumptions around future P/E multiples and margins following recent mixed price target moves across the broker community. Analyst Commentary Recent Street research on Ameriprise provides a useful backdrop for how analysts are thinking about valuation, growth and execution risks for a diversified wealth and asset manager, which investors can loosely compare when assessing AMP.Narrative Update • May 14
AMP: Future Returns Will Depend On Buybacks And Execution Risk Pricing
Narrative Update on AMP Analysts have nudged their AMP price targets higher by low double digit A$ amounts, citing updated models that reflect a slightly higher fair value estimate, modest tweaks to revenue and margin assumptions, and refreshed P/E expectations across recent research reports. Analyst Commentary Recent Street research on AMP presents a mixed picture, with several bullish analysts lifting price targets by single to low double digit US$ amounts and others trimming targets by larger US$ amounts.Narrative Update • Apr 25
AMP: Future Upside Will Rely On Buybacks Supporting Earnings Quality
The updated analyst price target for AMP reflects a modest uplift of A$0.06, with recent Street research citing recalibrated P/E assumptions and mixed views on revenue trends and profitability as key factors behind the change. Analyst Commentary Recent Street research on AMP points to an active debate around valuation, with several price target adjustments in both directions and a mix of ratings around the middle of the scale.Narrative Update • Apr 11
AMP: Future Upside Will Depend On Buybacks And Margin Resilience
Analysts have trimmed their average price target on AMP by about A$0.02, reflecting slightly lower fair value estimates and profit margin expectations, while still referencing a mix of recent target cuts and raises from major firms as context for the updated view. Analyst Commentary Recent Street research on AMP points to a mixed but constructive debate, with several firms adjusting price targets and ratings in different directions.Narrative Update • Mar 28
AMP: Future Upside Will Rely On Capital Returns And Margin Resilience
Analysts have raised their AMP price target by A$0.01, reflecting updated assumptions that include slightly softer revenue growth, a modestly lower profit margin, and a small upward adjustment to the forward P/E multiple. Analyst Commentary Recent research on AMP has focused on how the updated revenue and margin assumptions line up with the current valuation, especially given the small uplift to the forward P/E multiple.Narrative Update • Mar 13
AMP: Future Upside Will Rely On Earnings Mix And Margin Resilience
Narrative Update on AMP Analyst Price Target The analyst price target for AMP has been revised slightly lower, with the change reflecting updated views on fair value, revenue trends, profit margins, and a modestly reduced future P/E, as analysts reference recent research that includes higher A$ price targets and an upgrade from multiple firms. Analyst Commentary Recent research coverage on Ameriprise has focused on refreshed price targets and an upgrade.Narrative Update • Feb 26
AMP: Future Upside Will Depend On Earnings Mix And Expense Discipline
Analysts have trimmed their fair value estimate for AMP from A$1.92 to A$1.68, citing updated assumptions around softer revenue, a slightly higher profit margin and a lower future P/E multiple. Analyst Commentary Recent Street research on Ameriprise gives a useful read-across for how analysts are thinking about wealth and asset managers in general, which can help frame expectations for AMP.Narrative Update • Feb 11
AMP: Future Upside Will Rely On Earnings Mix And Expense Discipline
Analysts have adjusted their AMP price target slightly to A$1.92 from A$1.94, reflecting updated views on discount rates, revenue trends and profit margins, while keeping future P/E expectations broadly in line. Analyst Commentary Recent research on AMP and related peers highlights a mix of optimism around earnings resilience and cautious views on how much of that is already reflected in current valuations.Narrative Update • Jan 27
AMP: Future Returns Will Depend On Advisor Flows And Expense Discipline
Analysts have trimmed their price targets on Ameriprise to around $550, reflecting updated assumptions on fair value, P/E expectations, and advisor-related expenses following recent Q3 net flow trends. Analyst Commentary Bullish Takeaways Bullish analysts view the trimmed $550 price target as still implying potential upside relative to current trading levels, with updated assumptions intended to better reflect recent Q3 trends.Narrative Update • Jan 12
AMP: Future Returns Will Hinge On Advisor Flows And Distribution Expense Discipline
Analysts have reduced their price target on Ameriprise Financial to $550 from $601, citing recent Q3 net flow trends and steady but elevated distribution expenses as key factors behind the adjustment. Analyst Commentary Recent commentary around Ameriprise focuses on how Q3 net flows and distribution expenses could influence the company’s valuation and execution over the next few quarters.Narrative Update • Dec 27
AMP: Future Returns Will Depend On Advisor Flows And Distribution Expense Stability
Analysts have modestly reduced their price target on Ameriprise Financial to $550 from $601, reflecting caution around advisor-related net flows and distribution expense dynamics while maintaining a positive view on the shares. Analyst Commentary Analysts remain constructive on Ameriprise Financial following its Q3 results, but have tempered near term expectations as they reassess the balance between growth momentum and execution risk in the wealth management franchise.Narrative Update • Dec 12
AMP: Future Expense Stability Will Depend On Advisor Compensation And Net Flow Trends
Analysts have modestly reduced their price target on Ameriprise Financial to $550 from $601, citing recent Q3 results, advisor team departures affecting net flows, and expectations that distribution expense ratios will remain elevated in the 66% to 67% range. Analyst Commentary Analyst reactions to the updated price target reflect a balanced view of Ameriprise Financial's fundamentals, execution, and near term growth trajectory.Analysis Article • Dec 06
AMP Limited's (ASX:AMP) P/E Is On The Mark
When close to half the companies in Australia have price-to-earnings ratios (or "P/E's") below 21x, you may consider...Narrative Update • Nov 28
AMP: Future Expense Stability Will Rely On Advisor Retention Efforts
Analysts have lowered their price target for AMP from $601 to $550, citing concerns over recent team departures and resulting net flows. They also note that management's efforts to adjust compensation packages are expected to maintain the distribution expense ratio within the 66% to 67% range.Narrative Update • Nov 14
AMP: Recent Team Departures Will Challenge Expense Discipline Going Forward
Analysts have adjusted their price target for Ameriprise downward by $51, reflecting cautious sentiment following recent quarterly results and ongoing expense trends. Analyst Commentary Bullish Takeaways Bullish analysts maintain a positive rating on Ameriprise shares despite the lowered price target.Narrative Update • Oct 30
AMP: Legal Settlements And Improved Margins Will Shape Recovery Prospects
Analysts have raised their price target for AMP from $1.81 to $1.90. They cite an improved profit margin outlook and slightly reduced projected revenue decline as the reasons for the change.Narrative Update • Oct 16
Digital Transformation And Asia-Pacific Expansion Will Secure Future Value
Analysts have raised their price target for AMP Ltd from A$1.40 to A$1.60, citing improved cash flow performance and a modest increase in profit margins. However, ongoing uncertainty around class actions continues to weigh on sentiment.Analysis Article • Aug 10
AMP Limited's (ASX:AMP) 28% Jump Shows Its Popularity With Investors
ASX:AMP 1 Year Share Price vs Fair Value Explore AMP's Fair Values from the Community and select yours AMP Limited...Narrative Update • Aug 08
Digital Transformation And Asia-Pacific Expansion Will Secure Future Value
AMP's consensus price target has been modestly raised to A$1.76, primarily reflecting improved revenue growth forecasts and a slight increase in net profit margin. What's in the News RBC Capital raised its price target on Ameriprise to $595 from $565, citing strong Q2 market returns and compounding asset under management, but shows preference for firms with greater global AUM exposure (Periodicals—RBC Capital).Analysis Article • Jun 25
A Piece Of The Puzzle Missing From AMP Limited's (ASX:AMP) Share Price
With a median price-to-earnings (or "P/E") ratio of close to 18x in Australia, you could be forgiven for feeling...Analysis Article • Apr 08
If EPS Growth Is Important To You, AMP (ASX:AMP) Presents An Opportunity
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • Mar 04
Investors Give AMP Limited (ASX:AMP) Shares A 26% Hiding
AMP Limited ( ASX:AMP ) shareholders won't be pleased to see that the share price has had a very rough month, dropping...
New Narrative • Feb 23
Expansion Into Niche Markets And AI Initiatives Will Diversify Revenue Streams
Continued cost reductions and focus on efficiencies are anticipated to enhance net margins and earnings moving forward.Analysis Article • Apr 05
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For AMP Limited's (ASX:AMP) CEO For Now
Key Insights AMP will host its Annual General Meeting on 12th of April Total pay for CEO Alexis George includes...Analysis Article • Feb 19
AMP (ASX:AMP) Will Pay A Dividend Of A$0.02
AMP Limited ( ASX:AMP ) has announced that it will pay a dividend of A$0.02 per share on the 4th of April. This means...Shareholder Returns
| AMP | AU Diversified Financial | AU Market | |
|---|---|---|---|
| 7D | 12.6% | 2.7% | 3.5% |
| 1Y | 29.1% | 12.3% | 3.7% |
Return vs Industry: AMP exceeded the Australian Diversified Financial industry which returned 12.3% over the past year.
Return vs Market: AMP exceeded the Australian Market which returned 3.7% over the past year.
Price Volatility
| AMP volatility | |
|---|---|
| AMP Average Weekly Movement | 5.2% |
| Diversified Financial Industry Average Movement | 6.6% |
| Market Average Movement | 9.7% |
| 10% most volatile stocks in AU Market | 16.9% |
| 10% least volatile stocks in AU Market | 3.9% |
Stable Share Price: AMP has not had significant price volatility in the past 3 months compared to the Australian market.
Volatility Over Time: AMP's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1849 | 2,275 | Blair Vernon | www.amp.com.au |
AMP Limited provides banking, super, and retirement services in Australia and New Zealand. The company operates through Platforms, Superannuation & Investments, AMP Bank, New Zealand Wealth Management (NZWM), and Group segments. It provides superannuation, retirement, and investment solutions; pension solutions; and AMP Super, a retail master trust.
AMP Limited Fundamentals Summary
| AMP fundamental statistics | |
|---|---|
| Market cap | AU$5.88b |
| Earnings (TTM) | AU$189.00m |
| Revenue (TTM) | AU$2.85b |
31.1x
P/E Ratio2.1x
P/S RatioIs AMP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AMP income statement (TTM) | |
|---|---|
| Revenue | AU$2.85b |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$2.85b |
| Other Expenses | AU$2.66b |
| Earnings | AU$189.00m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
Oct 14, 2026
| Earnings per share (EPS) | 0.078 |
| Gross Margin | 100.00% |
| Net Profit Margin | 6.64% |
| Debt/Equity Ratio | 778.0% |
How did AMP perform over the long term?
See historical performance and comparisonDividends
1.7%
Current Dividend Yield54%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/08/07 22:01 |
| End of Day Share Price | 2026/08/07 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
AMP Limited is covered by 21 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andrew Adams | Barrenjoey Markets Pty Limited |
| Lafitani Sotiriou | Bell Potter |
| Elisabeth Decou Clive | Bernstein |