AMP stock: FNArena lifts fair value for AMP stock to AUD 2.45

Published on 10/22/2026 at 18:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

FNArena puts AMP's fair value at AUD 2.45 after AUD 2.35 on October 21, 2026. AMP stock costs EUR 1.52 on October 22, 2026.

Analyst view and price

FNArena reported a higher AMP fair value of AUD 2.45 on October 21, 2026.
AMP's underlying NPAT reached AUD 174.00 million in the first half of 2026.
AMP stock costs EUR 1.52 at Lang & Schwarz on October 22, 2026 at 6:30 p.m. CEST.

AMP, AU000000AMP6, Illustration mit AI erstellt.

AMP (ISIN AU000000AMP6) received a higher assessed fair value from FNArena on October 21, 2026, with the figure moving from AUD 2.35 to AUD 2.45. The change places the analyst view just 0.41 percent above AMP's ASX price of AUD 2.44. At Lang & Schwarz, the stock was trading at EUR 1.52 on October 22, 2026 at 6:30 p.m. CEST.

First-half earnings set the base

The Motley Fool Australia reported that AMP's underlying NPAT rose 33.00 percent to AUD 174.00 million in the first half of 2026. Assets under management increased 8.20 percent year over year to AUD 167.60 billion during the same period, giving the fair-value revision a recent operating reference.

Stock position on October 22

AMP last traded at AUD 2.44 on the ASX on October 22, 2026 at 4:10 p.m. AEDT. Its 52-week range was AUD 1.14 to AUD 2.67, while the stock was up 33.00 percent year to date on October 20, 2026. The current range leaves the price AUD 0.23 below the reported high.

AMP's market capitalization was AUD 5.9 billion on October 22, 2026, with a P/E ratio of 33.15. The comparison is useful because Macquarie Group traded at AUD 249.04 with a P/E of 19.66 and a market capitalization of AUD 91.8 billion, while Challenger traded at AUD 11.64 with a P/E of 16.87 and a market capitalization of AUD 7.9 billion.

What dates matter next?

AMP's official October 15, 2026 update said its North application tool was expected to roll out in the fourth quarter of 2026, while implementation of a newly won employer super mandate was expected in the first quarter of 2027. The same release reported that platforms net cashflows reached AUD 1.5 billion in the third quarter of 2026, up 20.00 percent from AUD 1.2 billion a year earlier.

Valuation remains the key watchpoint

The narrow gap between the AUD 2.44 ASX price and the AUD 2.45 assessed fair value makes the analyst revision a close valuation test rather than a distant re-rating case. AMP's operating figures show stronger wealth flows, but the P/E remains above the two named peers.