Hudson Pacific Properties' (HPP) "Buy" Rating Reaffirmed at BTIG Research

Key Points

• BTIG reiterated a "Buy" on Hudson Pacific with a $26 price target, implying roughly a 166% upside from the current stock level.
• The analyst consensus is mixed — Hudson Pacific has an average rating of "Hold" with an average price target of $14.11, while the stock recently opened at $9.77 (up 8.1%) and trades in a 52-week range of $5.26–$21.70.
• Financials show a small market cap (~$530M) and weak profitability (negative P/E and a -69.1% net margin), but the company beat quarterly estimates and set FY2026 EPS guidance of 0.96–1.06; institutional ownership is high at ~97.6%.

Hudson Pacific Properties (NYSE:HPP - Get Free Report)'s stock had its "buy" rating reiterated by investment analysts at BTIG Research in a research note issued on Wednesday,Benzinga reports. They currently have a $26.00 target price on the real estate investment trust's stock. BTIG Research's price objective points to a potential upside of 166.26% from the stock's current price.

Several other research firms have also recently commented on HPP. Morgan Stanley lowered their target price on Hudson Pacific Properties from $8.00 to $5.00 and set an "underweight" rating for the company in a research note on Tuesday, March 31st. Wall Street Zen raised Hudson Pacific Properties from a "sell" rating to a "hold" rating in a research note on Saturday, March 7th. Piper Sandler lowered their target price on Hudson Pacific Properties from $8.00 to $6.50 and set a "neutral" rating for the company in a research note on Wednesday, April 1st. Cantor Fitzgerald lowered their target price on Hudson Pacific Properties from $13.00 to $10.00 and set an "overweight" rating for the company in a research note on Monday, March 2nd. Finally, Zacks Research raised Hudson Pacific Properties from a "hold" rating to a "strong-buy" rating in a research note on Friday, April 3rd. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, Hudson Pacific Properties presently has an average rating of "Hold" and an average price target of $14.11.

Hudson Pacific Properties Stock Up 8.1%

NYSE HPP opened at $9.77 on Wednesday. The stock has a fifty day moving average of $6.86 and a 200-day moving average of $10.24. The stock has a market capitalization of $529.65 million, a P/E ratio of -0.75, a price-to-earnings-growth ratio of 0.94 and a beta of 1.86. Hudson Pacific Properties has a 52 week low of $5.26 and a 52 week high of $21.70. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.78 and a current ratio of 1.78.

Hudson Pacific Properties (NYSE:HPP - Get Free Report) last released its earnings results on Thursday, February 26th. The real estate investment trust reported $0.21 EPS for the quarter, beating the consensus estimate of $0.20 by $0.01. The company had revenue of $256.03 million during the quarter, compared to analysts' expectations of $168.02 million. Hudson Pacific Properties had a negative return on equity of 19.89% and a negative net margin of 69.12%.Hudson Pacific Properties has set its FY 2026 guidance at 0.960-1.060 EPS. On average, equities research analysts forecast that Hudson Pacific Properties will post 1 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp boosted its position in shares of Hudson Pacific Properties by 7.4% in the 1st quarter. Bank of New York Mellon Corp now owns 221,081 shares of the real estate investment trust's stock worth $1,307,000 after purchasing an additional 15,229 shares during the last quarter. Sanctuary Advisors LLC boosted its position in shares of Hudson Pacific Properties by 29.3% in the 1st quarter. Sanctuary Advisors LLC now owns 15,075 shares of the real estate investment trust's stock worth $89,000 after purchasing an additional 3,414 shares during the last quarter. Hsbc Holdings PLC bought a new position in shares of Hudson Pacific Properties in the 1st quarter worth $370,000. Resona Asset Management Co. Ltd. lifted its holdings in Hudson Pacific Properties by 8.4% during the first quarter. Resona Asset Management Co. Ltd. now owns 24,670 shares of the real estate investment trust's stock worth $147,000 after acquiring an additional 1,918 shares in the last quarter. Finally, Inspire Investing LLC lifted its holdings in Hudson Pacific Properties by 98.2% during the first quarter. Inspire Investing LLC now owns 84,807 shares of the real estate investment trust's stock worth $501,000 after acquiring an additional 42,021 shares in the last quarter. 97.58% of the stock is currently owned by institutional investors.

About Hudson Pacific Properties

Hudson Pacific Properties NYSE: HPP is a self-managed real estate investment trust focused on the acquisition, development and management of high-quality office and studio properties. The company's portfolio spans strategic West Coast markets in the United States and key markets in Canada, providing space for technology, media and creative companies as well as major film and television producers. As an owner and operator of both traditional office buildings and specialized production facilities, Hudson Pacific seeks to deliver stable income through long-term leases and strategic property enhancements.

In its office segment, Hudson Pacific targets markets with strong job growth and limited supply, including Los Angeles, Silicon Valley, San Diego and Seattle, as well as Vancouver, British Columbia.

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