Ameriprise Financial Stock: Is Wall Street Bullish or Bearish?

Minneapolis, Minnesota-based Ameriprise Financial, Inc. (AMP) provides various financial products and services to individual and institutional clients in the United States and internationally. With a market cap of $55.5 billion, Ameriprise operates through Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other segments.

The asset management giant has significantly outperformed the broader market over the past year. AMP stock prices have soared 50.6% on a YTD basis and 63.7% over the past 52-week period, outpacing the S&P 500 Index’s ($SPX) 25.8% gains in 2024 and 31.8% returns over the past year.