Piper Sandler Cuts Hudson Pacific Properties (NYSE:HPP) Price Target to $6.50

Key Points

• Piper Sandler cut its price target on Hudson Pacific Properties from $8.00 to $6.50 and maintained a "neutral" rating, a move that the report says implies roughly a 16% upside from the company's prior close.
• Analysts are split: the consensus rating is Hold with a $13.20 consensus target, while individual targets vary widely (e.g., BTIG $26, Morgan Stanley $5, Citigroup $8), reflecting disagreement on the stock's outlook.
• Hudson Pacific traded at $5.60 with a market cap around $303 million; it modestly beat last quarter's EPS and set FY2026 guidance of $0.96–$1.06, yet still shows a negative return on equity and net margin.

Hudson Pacific Properties (NYSE:HPP - Get Free Report) had its price objective dropped by stock analysts at Piper Sandler from $8.00 to $6.50 in a report issued on Wednesday,Benzinga reports. The firm currently has a "neutral" rating on the real estate investment trust's stock. Piper Sandler's price target indicates a potential upside of 16.18% from the company's previous close.

Several other equities analysts have also recently commented on HPP. BTIG Research set a $26.00 price objective on shares of Hudson Pacific Properties and gave the company a "buy" rating in a research note on Friday, January 2nd. BMO Capital Markets reissued a "market perform" rating on shares of Hudson Pacific Properties in a report on Thursday, February 26th. Morgan Stanley reduced their price target on shares of Hudson Pacific Properties from $8.00 to $5.00 and set an "underweight" rating for the company in a research report on Tuesday. Citigroup upped their price target on shares of Hudson Pacific Properties from $7.00 to $8.00 and gave the stock a "neutral" rating in a report on Monday, March 2nd. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of Hudson Pacific Properties in a research report on Monday, December 29th. Four investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $13.20.

Hudson Pacific Properties Stock Performance

Shares of NYSE:HPP traded down $0.32 during midday trading on Wednesday, reaching $5.60. 329,087 shares of the company traded hands, compared to its average volume of 1,397,492. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 1.25. Hudson Pacific Properties has a 12 month low of $5.33 and a 12 month high of $21.70. The firm has a market capitalization of $303.47 million, a price-to-earnings ratio of -0.43, a price-to-earnings-growth ratio of 0.63 and a beta of 1.50. The firm's fifty day moving average price is $7.08 and its two-hundred day moving average price is $12.15.

Hudson Pacific Properties (NYSE:HPP - Get Free Report) last issued its earnings results on Thursday, February 26th. The real estate investment trust reported $0.21 EPS for the quarter, topping the consensus estimate of $0.20 by $0.01. The business had revenue of $256.03 million during the quarter, compared to the consensus estimate 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 analysts expect that Hudson Pacific Properties will post 0.45 earnings per share for the current year.

Institutional Trading of Hudson Pacific Properties

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Ethic Inc. purchased a new position in Hudson Pacific Properties in the third quarter worth $28,000. Evergreen Capital Management LLC purchased a new stake in Hudson Pacific Properties during the second quarter valued at about $28,000. Orion Porfolio Solutions LLC bought a new stake in Hudson Pacific Properties during the third quarter worth about $28,000. Discipline Wealth Solutions LLC purchased a new position in shares of Hudson Pacific Properties in the 3rd quarter worth about $30,000. Finally, United Capital Financial Advisors LLC bought a new position in shares of Hudson Pacific Properties during the 3rd quarter valued at about $30,000. Hedge funds and other institutional investors own 97.58% of the company's stock.

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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