Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Ameriprise Financial is downgraded but still remains a "Buy," with shares approaching a $625 target, supported by strong financials and resilient cash revenue streams. AI disruption fears have proven overblown; AMP benefits from AI-driven efficiencies and maintains robust cash balances, mitigating cannibalization risks. AMP's Q2 results showed 22% EPS growth, 13% revenue growth, and ongoing margin expansion, with asset management margins reaching 43%.
Ameriprise Financial gets its prior buy rating reaffirmed. Key strengths are top- and bottom-line growth trends, A-level credit ratings, dividend coverage, and favorable macro tailwinds. Market momentum has recovered since the spring dip in this stock.
| Capital Markets Industry | Financials Sector | James Michael Cracchiolo CEO | XHAN Exchange | US03076C1062 ISIN |
| US Country | 13,600 Employees | 3 Aug 2026 Last Dividend | - Last Split | 3 Oct 2005 IPO Date |
Ameriprise Financial, Inc. is a distinguished provider of diverse financial products and services to a wide-ranging client base, comprising both individuals and institutions across the United States and around the globe. Operating through its four key segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other, Ameriprise has built a reputation for delivering comprehensive financial solutions tailored to meet the unique needs of its clients. Originally known as American Express Financial Corporation, the company underwent a rebranding to Ameriprise Financial, Inc. in September 2005. Since its inception in 1894, with its headquarters in Minneapolis, Minnesota, Ameriprise has committed to guiding its clients towards achieving their financial goals through expert advice and robust financial planning.