Hudson Pacific Properties (NYSE:HPP) Stock Price Expected to Rise, Cantor Fitzgerald Analyst Says

Key Points

• Cantor Fitzgerald raised Hudson Pacific Properties’ price target to $17 from $14 and maintained an “overweight” rating, implying 25.9% upside from the prior close. Piper Sandler also upgraded the stock to “overweight” with an $18 target.
• Despite the optimistic targets, HPP shares opened at $13.50 after trading down 9.8%. The stock has a “Hold” consensus rating, with four Buy, six Hold, and three Sell recommendations and an average price target of $15.07.
• Hudson Pacific reported a quarterly loss of $1.62 per share, missing the expected loss of $0.72, although revenue of $188.3 million exceeded estimates. Institutional investors own 97.58% of the company’s stock.

Hudson Pacific Properties (NYSE:HPP - Get Free Report) had its price objective raised by investment analysts at Cantor Fitzgerald from $14.00 to $17.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has an "overweight" rating on the real estate investment trust's stock. Cantor Fitzgerald's price objective would indicate a potential upside of 25.90% from the company's previous close.

Other equities research analysts also recently issued research reports about the company. Mizuho increased their price objective on Hudson Pacific Properties from $15.00 to $17.00 and gave the company a "neutral" rating in a report on Tuesday, July 21st. Piper Sandler raised shares of Hudson Pacific Properties from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $16.00 to $18.00 in a research report on Thursday. Citigroup reiterated a "neutral" rating and issued a $13.00 price target (up from $8.00) on shares of Hudson Pacific Properties in a research note on Thursday, May 14th. Morgan Stanley set a $9.00 price objective on shares of Hudson Pacific Properties and gave the company an "underweight" rating in a research report on Wednesday, July 22nd. Finally, Wells Fargo & Company boosted their price objective on shares of Hudson Pacific Properties from $13.50 to $14.00 and gave the stock an "overweight" rating in a research note on Monday, June 1st. Four research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $15.07.

Hudson Pacific Properties Trading Down 9.8%

Hudson Pacific Properties stock opened at $13.50 on Friday. The company has a market cap of $732.40 million, a price-to-earnings ratio of -1.53, a P/E/G ratio of 1.11 and a beta of 1.90. The firm has a 50-day moving average of $14.76 and a 200-day moving average of $10.38. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.11 and a quick ratio of 1.65. Hudson Pacific Properties has a one year low of $5.26 and a one year high of $21.70.

Hudson Pacific Properties (NYSE:HPP - Get Free Report) last released its earnings results on Wednesday, August 5th. The real estate investment trust reported ($1.62) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.72) by ($0.90). The company had revenue of $188.30 million for the quarter, compared to the consensus estimate of $181.80 million. Hudson Pacific Properties had a negative return on equity of 20.76% and a negative net margin of 70.04%.Hudson Pacific Properties has set its FY 2026 guidance at 1.120-1.200 EPS. On average, equities analysts expect that Hudson Pacific Properties will post 1.14 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Hudson Pacific Properties

A number of large investors have recently added to or reduced their stakes in the business. Militia Capital Management LLC bought a new position in shares of Hudson Pacific Properties during the first quarter worth approximately $1,904,000. Whitebox Advisors LLC boosted its stake in Hudson Pacific Properties by 1,618.4% in the 1st quarter. Whitebox Advisors LLC now owns 189,080 shares of the real estate investment trust's stock valued at $1,117,000 after purchasing an additional 178,077 shares during the period. Saba Capital Management L.P. boosted its stake in Hudson Pacific Properties by 49.8% in the 1st quarter. Saba Capital Management L.P. now owns 831,868 shares of the real estate investment trust's stock valued at $4,916,000 after purchasing an additional 276,459 shares during the period. Inspire Investing LLC boosted its stake in Hudson Pacific Properties by 98.2% in the 1st quarter. Inspire Investing LLC now owns 84,807 shares of the real estate investment trust's stock valued at $501,000 after purchasing an additional 42,021 shares during the period. Finally, Purpose Unlimited Inc. acquired a new position in Hudson Pacific Properties in the 4th quarter valued at $4,739,000. Institutional investors own 97.58% of the company's stock.

Hudson Pacific Properties Company Profile

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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