AMP Illustrates How Turnaround Opportunities Carry Risk -- Market Talk

Dow Jones

Yesterday

2155 GMT - Wealth manager AMP serves as a reminder that turnaround opportunities carry risk and rarely progress in a straight line, says Jefferies. AMP only missed Jefferies's forecast for FY 2025 underlying net profit by A$2 million. But analyst Simon Fitzgerald was disappointed by the overall composition of the result. "Underlying net profit in both the Platforms and AMP Bank segments fell short of our predictions by 7% and 13%, respectively," Jefferies says. "Additionally, FY26 indicates further revenue-margin declines in the wealth businesses, along with continued challenges for the bank." Jefferies cuts its price target by 20% to A$1.75/share, while retaining a buy call on the stock. AMP ended Thursday at A$1.28.(david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

February 12, 2026 16:56 ET (21:56 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2611034089"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2611034089\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2611034089?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-13 05:56","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2611034089","market":"sh","top_or_hot":-1,"title":"AMP Illustrates How Turnaround Opportunities Carry Risk -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2155 GMT - Wealth manager AMP serves as a reminder that turnaround opportunities carry risk and rarely progress in a straight line, says Jefferies. AMP only missed Jefferies's forecast for FY 2025 underlying net profit by A$2 million. But analyst Simon Fitzgerald was disappointed by the overall composition of the result. \"Underlying net profit in both the Platforms and AMP Bank segments fell short of our predictions by 7% and 13%, respectively,\" Jefferies says. \"Additionally, FY26 indicates further revenue-margin declines in the wealth businesses, along with continued challenges for the bank.\" Jefferies cuts its price target by 20% to A$1.75/share, while retaining a buy call on the stock. AMP ended Thursday at A$1.28.(david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 12, 2026 16:56 ET (21:56 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMP Illustrates How Turnaround Opportunities Carry Risk -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMP Illustrates How Turnaround Opportunities Carry Risk -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-13 05:56</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2155 GMT - Wealth manager AMP serves as a reminder that turnaround opportunities carry risk and rarely progress in a straight line, says Jefferies. AMP only missed Jefferies's forecast for FY 2025 underlying net profit by A$2 million. But analyst Simon Fitzgerald was disappointed by the overall composition of the result. \"Underlying net profit in both the Platforms and AMP Bank segments fell short of our predictions by 7% and 13%, respectively,\" Jefferies says. \"Additionally, FY26 indicates further revenue-margin declines in the wealth businesses, along with continued challenges for the bank.\" Jefferies cuts its price target by 20% to A$1.75/share, while retaining a buy call on the stock. AMP ended Thursday at A$1.28.(david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 12, 2026 16:56 ET (21:56 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0106831901.USD","symbol_name":"贝莱德世界金融基金A2","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2611034089","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2611034089","pubTimestamp":1770933360,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2155 GMT - Wealth manager AMP serves as a reminder that turnaround opportunities carry risk and rarely progress in a straight line, says Jefferies. AMP only missed Jefferies's forecast for FY 2025 underlying net profit by A$2 million. But analyst Simon Fitzgerald was disappointed by the overall composition of the result. \"Underlying net profit in both the Platforms and AMP Bank segments fell short of our predictions by 7% and 13%, respectively,\" Jefferies says. \"Additionally, FY26 indicates further revenue-margin declines in the wealth businesses, along with continued challenges for the bank.\" Jefferies cuts its price target by 20% to A$1.75/share, while retaining a buy call on the stock. AMP ended Thursday at A$1.28.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0106831901.USD":"贝莱德世界金融基金A2","BK7112":"其它综合性金融服务","IE00B64PRP62.GBP":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","BK4135":"资产管理与托管银行","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","AMP":"阿莫斯莱斯金融","BK4588":"碎股","IE00B3QW5Z07.USD":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","BK4585":"ETF&股票定投概念","LU2108987350.USD":"UBS (LUX) EQUITY SICAV GLOBAL OPPORTUNITY SUSTAINABLE (USD) \"P\" (USD) ACC","AMP.AU":"AMP LIMITED","LU1791807156.HKD":"BGF WORLD FINANCIALS \"A2\" (HKDHDG) ACC","IE00BGHQF748.EUR":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC"},"translate_title":"AMP说明了扭亏为盈的机会如何带来风险——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMP":1.5,"AMP.AU":0.9},"content_text":"2155 GMT - Wealth manager AMP serves as a reminder that turnaround opportunities carry risk and rarely progress in a straight line, says Jefferies. AMP only missed Jefferies's forecast for FY 2025 underlying net profit by A$2 million. But analyst Simon Fitzgerald was disappointed by the overall composition of the result. \"Underlying net profit in both the Platforms and AMP Bank segments fell short of our predictions by 7% and 13%, respectively,\" Jefferies says. \"Additionally, FY26 indicates further revenue-margin declines in the wealth businesses, along with continued challenges for the bank.\" Jefferies cuts its price target by 20% to A$1.75/share, while retaining a buy call on the stock. AMP ended Thursday at A$1.28.(david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 12, 2026 16:56 ET (21:56 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}