Hudson Pacific Properties (HPP)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Hudson Pacific Properties (HPP) trades at $16.68 with AI Score 41/100 (Grade C). Hudson Pacific Properties, Inc. is a real estate investment trust (REIT) that owns and operates office and studio properties. Market cap: $905.03M, Sector: Real estate.
Price live · AI analysis from May 10, 2026HPP stock analysis for 2026: Analysts have set a consensus price target of $9.60 for Hudson Pacific Properties, suggesting 42.5% downside from the current price of $16.68. The AI MoonshotScore is 41/100, indicating a neutral outlook. Key factors: analyst coverage, AI-driven quantitative scoring.
HPP: the 1 perspectives are evenly split.
How is this calculated? →Hudson Pacific Properties (HPP) Real Estate Portfolio & Strategy
Hudson Pacific Properties, Inc. (HPP) is a REIT specializing in office and studio properties within West Coast innovation hubs. Its portfolio of nearly 19 million square feet caters to Fortune 500 and growth companies, positioning it as a key player in the technology and media real estate sector.
What Is the Investment Thesis for HPP?
Hudson Pacific Properties presents a mixed investment case. The company's focus on high-growth sectors like technology and media offers long-term growth potential, particularly as these industries expand their West Coast presence. However, the current negative profit margin of -66.0% raises concerns about profitability. The company's high beta of 1.53 indicates higher volatility compared to the broader market. Key catalysts include potential increases in rental income from existing properties and successful development of land holdings. Investors should closely monitor the company's ability to improve profitability and manage its debt levels. The absence of a dividend yield may deter some investors seeking immediate income.
Based on FMP financials and quantitative analysis
HPP Key Highlights
- Hudson Pacific Properties holds nearly 19 million square feet of office and studio properties, indicating a substantial asset base.
- The company's focus on West Coast innovation, media, and technology epicenters positions it in high-demand markets.
- Key tenants include Fortune 500 companies and leading growth companies such as Netflix, Google, Square, and Uber, providing a stable revenue stream.
- Hudson Pacific is a component of the S&P MidCap 400 Index, increasing its visibility and potential investor base.
- The company's gross margin of 29.1% reflects its ability to generate revenue from its properties, although it is offset by a negative profit margin.
Who Are HPP's Competitors?
HPP is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| SLG SL Green Realty Corp. | $52.04 | -2.58% | $3.70B | — |
| BXP BXP, Inc. | $69.95 | +0.92% | $11.16B | 61 |
| ARE Alexandria Real Estate Equities | $49.77 | -5.33% | $8.67B | 38 |
| KPDCF Keppel DC REIT | $1.74 | +0.00% | $4.26B | 62 |
| VNO Vornado Realty Trust (VNO) | $40.72 | +0.34% | 8B | 60 |
| NBFJF Nippon Building Fund Incorporation | $963.00 | +14.25% | $8.49B | 60 |
| NIUWF NSI N.V. | $19.75 | +0.00% | $385.51M | 59 |
| JBGS JBG SMITH | $15.54 | +0.45% | $905.30M | 41 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are HPP's Key Strengths?
- Strong presence in high-growth West Coast markets.
- High-quality tenant base, including Fortune 500 companies.
- Expertise in developing and managing office and studio properties.
- Component of the S&P MidCap 400 Index.
What Are HPP's Weaknesses?
- Negative profit margin.
- High beta indicates higher volatility.
- No dividend yield may deter some investors.
- Geographic concentration in the West Coast.
What Could Drive HPP Stock Higher?
- Potential increases in rental income from existing properties.
- Successful development of land holdings.
- Continued demand for office and studio space in West Coast markets.
- Strategic acquisitions of new properties.
What Are the Key Risks for HPP?
- Financial-distress signal — its Altman Z-Score of -0.06 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-17.2%) — the business is not currently generating profit on shareholder capital.
- Economic downturns could reduce demand for office space.
- Remote work trends may decrease occupancy rates.
- Rising interest rates could increase borrowing costs.
- Increased competition from other REITs and private developers.
What Are the Growth Opportunities for HPP?
- Growth opportunity 1: Development of existing land holdings represents a significant growth opportunity for Hudson Pacific. The company can increase its leasable square footage and generate additional rental income by developing these properties. The timeline for development varies depending on the specific project, but successful completion could significantly boost the company's revenue and asset value. This strategy allows Hudson Pacific to capitalize on its existing land assets and meet the growing demand for office and studio space in its target markets.
- Growth opportunity 2: Expansion into new West Coast markets offers another avenue for growth. By acquiring or developing properties in emerging innovation hubs, Hudson Pacific can diversify its portfolio and tap into new sources of revenue. The company's expertise in attracting and retaining technology and media tenants gives it a competitive advantage in these markets. The timeline for expansion depends on market conditions and available opportunities, but strategic acquisitions could accelerate growth.
- Growth opportunity 3: Repositioning existing properties to meet the evolving needs of tenants is crucial for maintaining occupancy rates and rental income. Hudson Pacific can invest in upgrades and renovations to attract and retain tenants in its existing properties. This strategy allows the company to enhance the value of its assets and remain competitive in the market. The timeline for repositioning varies depending on the specific property, but ongoing investments are essential for long-term success.
- Growth opportunity 4: Capitalizing on the increasing demand for studio space driven by the growth of streaming services and content creation offers a specialized growth avenue. Hudson Pacific can expand its studio portfolio to cater to this demand, generating additional rental income and diversifying its revenue streams. The timeline for expansion depends on market conditions and available opportunities, but strategic acquisitions or developments could accelerate growth. This aligns with the company's focus on media and technology tenants.
- Growth opportunity 5: Implementing sustainable building practices and obtaining green certifications can attract environmentally conscious tenants and enhance the value of its properties. Hudson Pacific can invest in energy-efficient technologies and sustainable materials to reduce its environmental footprint and appeal to tenants seeking green office space. This strategy not only benefits the environment but also provides a competitive advantage in attracting and retaining tenants. The timeline for implementation varies depending on the specific property, but ongoing investments are essential for long-term sustainability.
What Opportunities Does HPP Have?
- Development of existing land holdings.
- Expansion into new West Coast markets.
- Repositioning existing properties to meet tenant needs.
- Capitalizing on the increasing demand for studio space.
What Threats Does HPP Face?
- Economic downturns could reduce demand for office space.
- Remote work trends may decrease occupancy rates.
- Rising interest rates could increase borrowing costs.
- Increased competition from other REITs and private developers.
What Are HPP's Competitive Advantages?
- Strategic focus on West Coast innovation hubs creates a geographic advantage.
- Strong relationships with key tenants, including Fortune 500 companies, provide stable revenue streams.
- Expertise in developing and managing office and studio properties caters to specific tenant needs.
- Component of the S&P MidCap 400 Index increases visibility and investor base.
What Does HPP Do?
Hudson Pacific Properties, Inc. was founded with a vision to create and curate dynamic environments for tenants in the innovation, media, and technology sectors. The company has evolved into a prominent REIT with a substantial portfolio of office and studio properties, totaling nearly 19 million square feet, including land for development. Hudson Pacific strategically focuses on the West Coast's leading innovation epicenters, including Los Angeles, San Francisco, Seattle, and Vancouver. Its properties are designed to attract and retain high-growth tenants, including Fortune 500 companies and leading technology firms. Key tenants include Netflix, Google, Square, Uber, and NFL Enterprises. Hudson Pacific is publicly traded on the NYSE under the symbol HPP and is a component of the S&P MidCap 400 Index. The company's growth strategy involves acquiring, developing, and repositioning properties to meet the evolving needs of its target tenant base. Hudson Pacific differentiates itself through its focus on high-quality assets in prime locations and its commitment to sustainability and tenant satisfaction.
What Products and Services Does HPP Offer?
- Owns and operates office properties.
- Owns and operates studio properties.
- Develops land for future property expansion.
- Leases office and studio space to tenants.
- Manages and maintains its property portfolio.
- Focuses on West Coast innovation, media, and technology markets.
- Attracts and retains Fortune 500 and growth companies as tenants.
How Does HPP Make Money?
- Generates revenue primarily through rental income from office and studio properties.
- Acquires, develops, and repositions properties to increase asset value and rental income.
- Manages operating expenses to maximize profitability.
- Finances property acquisitions and developments through debt and equity.
What Industry Does HPP Operate In?
Hudson Pacific operates within the REIT - Office sector, which is influenced by broader economic trends, interest rates, and demand for office space. The West Coast markets where Hudson Pacific focuses are characterized by high demand from technology and media companies, driving rental rates and property values. However, the sector faces challenges from remote work trends and potential economic downturns. Competition includes other REITs and private real estate developers. Hudson Pacific's focus on innovation hubs differentiates it from competitors with more diversified portfolios.
Who Are HPP's Key Customers?
- Fortune 500 companies.
- Leading growth companies in the technology sector.
- Media and entertainment companies, including streaming services.
- Innovation-focused businesses.
Hudson Pacific Properties (HPP) Valuation Context
Valued at $905.03M, HPP is classified as a small-cap stock. Relative to its peer group, HPP's quantitative score of 41/100 is below the peer average of 55/100.
ROE -17%Key Financial Metrics
Return on equity for Hudson Pacific Properties stands at -17.2%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -7.4%, showing how much profit it generates from its asset base. Its free cash flow yield is 13.8%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.35 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is -54.9%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 4/9Financial Health
Hudson Pacific Properties's Piotroski F-Score is 4/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of -0.06 places it in the distress zone, a signal of elevated financial risk.
FY2026 estForward Outlook
Wall Street analysts project Hudson Pacific Properties revenue of about $727.6M for fiscal 2026, with EPS near $-3.12. The estimate reflects 4 contributing analysts.
HPP Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future, indicating that insiders believe the stock is undervalued.
- Community sentiment has shifted positively, with discussions highlighting the potential for growth in the real estate sector, particularly in urban markets.
- The company has been actively acquiring properties, which signals a strategic expansion and long-term growth outlook.
- Market perception is bolstered by a favorable macroeconomic environment for real estate, with increasing demand for commercial spaces.
Bear Case
- Concerns about rising interest rates may impact the real estate market, creating uncertainty around Hudson Pacific's ability to finance new projects.
- Recent bearish sentiment in online forums reflects worries about potential overvaluation in the real estate sector, leading to cautious investor behavior.
- Some community discussions highlight the challenges of maintaining occupancy rates in a post-pandemic world, which could affect revenue stability.
- The overall economic outlook remains mixed, with potential headwinds that could dampen growth prospects for commercial real estate firms like Hudson Pacific.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · January 2026
HPP Latest News
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Stocks Indexes Finish Mostly Lower as Chipmakers Retreat
Barchart · Jun 16, 2026
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Broader Market Weakens as Energy and Software Stocks Fall
Barchart · Jun 16, 2026
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Stocks Supported by Lower Crude Oil Prices and Bond Yields
Barchart · Jun 16, 2026
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This Rocket Companies Analyst Is No Longer Bullish; Here Are Top 4 Downgrades For Tuesday
benzinga · Jun 16, 2026
HPP Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for HPP.
Price Targets
Consensus target: $9.60
HPP MoonshotScore
What does this score mean?
The MoonshotScore rates HPP's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Latest News
Stocks Indexes Finish Mostly Lower as Chipmakers Retreat
Broader Market Weakens as Energy and Software Stocks Fall
Stocks Supported by Lower Crude Oil Prices and Bond Yields
This Rocket Companies Analyst Is No Longer Bullish; Here Are Top 4 Downgrades For Tuesday
Leadership: Victor J. Coleman
Chairman and Chief Executive Officer
Victor J. Coleman serves as the Chairman and Chief Executive Officer of Hudson Pacific Properties. He has extensive experience in the real estate industry, with a proven track record of acquiring, developing, and managing properties. Prior to Hudson Pacific, Coleman held leadership positions at other real estate firms, demonstrating his deep understanding of the market and his ability to drive growth. His expertise spans various aspects of real estate, including finance, operations, and investment strategy.
Track Record: Under Victor Coleman's leadership, Hudson Pacific Properties has grown into a prominent REIT with a substantial portfolio of office and studio properties. He has overseen the company's strategic expansion into key West Coast markets and has successfully attracted and retained high-quality tenants. Coleman has also guided the company through various economic cycles, demonstrating his ability to navigate challenges and deliver long-term value to shareholders.
Common Questions About HPP (Real Estate)
What does Hudson Pacific Properties, Inc. do?
Hudson Pacific Properties, Inc. is a real estate investment trust (REIT) that focuses on owning, operating, and developing office and studio properties primarily on the West Coast of the United States. The company targets innovation, media, and technology sectors, leasing space to Fortune 500 and growth companies. Its portfolio includes a mix of office buildings and studio facilities designed to cater to the specific needs of its tenant base, contributing to a diversified revenue stream within the real estate market.
What do analysts say about HPP stock?
Analyst coverage of Hudson Pacific Properties (HPP) reflects a cautiously optimistic outlook. Key valuation metrics include price-to-earnings (P/E) ratio and funds from operations (FFO), which are closely monitored in the REIT sector. Growth considerations center on the company's ability to maintain high occupancy rates, increase rental income, and successfully develop its land holdings. Analyst consensus is influenced by macroeconomic factors, such as interest rate movements and overall economic growth, which impact the demand for office and studio space.
What are the main risks for HPP?
Hudson Pacific Properties faces several key risks inherent to the REIT sector and its specific market focus. Economic downturns could reduce demand for office space, leading to lower occupancy rates and rental income. The increasing prevalence of remote work poses a potential threat to occupancy levels. Rising interest rates could increase borrowing costs, impacting profitability and financial flexibility. Competition from other REITs and private developers could also put pressure on rental rates and property values. These factors could affect the company's financial performance and stock price.
What are the key factors to evaluate for HPP?
Hudson Pacific Properties (HPP) holds an AI score of 41/100 (low). Analysts target $9.60 (-42%). Not financial advice.
How frequently does HPP data refresh on this page?
HPP prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven HPP's recent stock price performance?
Hudson Pacific Properties (HPP) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong presence in high-growth West Coast markets. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider HPP overvalued or undervalued right now?
Valuing Hudson Pacific Properties (HPP) requires multiple metrics. Analysts target $9.60 (-42%) — downside risk seen. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying HPP?
Before investing in Hudson Pacific Properties (HPP), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is based on the most recently available information.
- Market conditions and industry trends are subject to change.
- Analyst opinions may vary.