Hudson Pacific Properties (NYSE:HPP) Updates FY 2026 Earnings Guidance

Hudson Pacific Properties (NYSE:HPP) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.100-1.180 for the period, compared to the consensus earnings per share estimate of 1.000. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. The Goldman Sachs Group set a $14.50 price target on shares of Hudson Pacific Properties and gave the company a “neutral” rating in a research report on Thursday, January 29th. Piper Sandler dropped their price target on shares of Hudson Pacific Properties from $8.00 to $6.50 and set a “neutral” rating for the company in a research report on Wednesday, April 1st. Zacks Research raised shares of Hudson Pacific Properties from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 3rd. Wall Street Zen raised shares of Hudson Pacific Properties from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. Finally, Morgan Stanley dropped 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, March 31st. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Hudson Pacific Properties has a consensus rating of “Hold” and a consensus price target of $14.11.

Hudson Pacific Properties Trading Down 7.0%

NYSE:HPP opened at $10.94 on Friday. The company has a 50-day moving average price of $7.06 and a 200-day moving average price of $10.14. Hudson Pacific Properties has a 12 month low of $5.26 and a 12 month high of $21.70. The company has a current ratio of 1.65, a quick ratio of 1.78 and a debt-to-equity ratio of 1.28. The stock has a market cap of $593.55 million, a price-to-earnings ratio of -1.08, a P/E/G ratio of 1.22 and a beta of 1.86.

Hudson Pacific Properties (NYSE:HPP) last posted its earnings results on Thursday, May 7th. The real estate investment trust reported ($0.82) EPS for the quarter, topping the consensus estimate of ($0.92) by $0.10. Hudson Pacific Properties had a negative net margin of 67.89% and a negative return on equity of 19.05%. The firm had revenue of $181.85 million during the quarter, compared to analysts’ expectations of $175.12 million. Hudson Pacific Properties has set its FY 2026 guidance at 1.100-1.180 EPS. Equities analysts predict that Hudson Pacific Properties will post 1 EPS for the current year.

Key Headlines Impacting Hudson Pacific Properties

Here are the key news stories impacting Hudson Pacific Properties this week:

• Positive Sentiment: Hudson Pacific reported first-quarter results that beat expectations, with FFO of $0.25 per share versus $0.18 expected and revenue of $181.85 million versus $175.12 million estimated, supporting the view that operations are improving. Hudson Pacific Properties (HPP) Beats Q1 FFO Estimates
• Positive Sentiment: The company raised its 2026 core FFO outlook to $1.10-$1.18 per share, above the prior consensus, and said it is targeting about $200 million in FFO-accretive dispositions, which could help strengthen the portfolio and support cash flow. Hudson Pacific projects 2026 core FFO of $1.10-$1.18 per share while targeting ~$200M of FFO-accretive dispositions
• Positive Sentiment: Several earnings-call summaries highlighted a turnaround story, with management pointing to better leasing trends and an improved outlook, which may be helping investor sentiment. Hudson Pacific Properties Lifts Outlook Amid Turnaround
• Positive Sentiment: BTIG Research reportedly reiterated a Buy rating, adding support for the stock after the results. Hudson Pacific Properties (NYSE:HPP) Receives “Buy” Rating from BTIG Research
• Neutral Sentiment: An article comparing Hudson Pacific with Service Properties Trust is not likely to be a major near-term driver by itself. Hudson Pacific Properties (NYSE:HPP) and Service Properties Trust (NASDAQ:SVC) Head-To-Head Analysis
• Negative Sentiment: Bisnow reported that while office leasing is improving, a major loan maturity is approaching, keeping refinancing and leverage concerns in focus for investors. Hudson Pacific Office Leasing Looking Up, But Big Loan Maturity Looms

Institutional Investors Weigh In On Hudson Pacific Properties

Several institutional investors and hedge funds have recently modified their holdings of the stock. Balyasny Asset Management L.P. lifted its position in shares of Hudson Pacific Properties by 122.4% in the 2nd quarter. Balyasny Asset Management L.P. now owns 15,712,981 shares of the real estate investment trust’s stock worth $43,054,000 after purchasing an additional 8,646,463 shares during the period. Conversant Capital LLC lifted its position in shares of Hudson Pacific Properties by 293.6% in the 2nd quarter. Conversant Capital LLC now owns 10,700,000 shares of the real estate investment trust’s stock worth $29,318,000 after purchasing an additional 7,981,580 shares during the period. Russell Investments Group Ltd. lifted its position in shares of Hudson Pacific Properties by 25.0% in the 3rd quarter. Russell Investments Group Ltd. now owns 6,225,104 shares of the real estate investment trust’s stock worth $17,181,000 after purchasing an additional 1,245,435 shares during the period. UBS Group AG lifted its position in Hudson Pacific Properties by 657.0% during the 3rd quarter. UBS Group AG now owns 5,617,697 shares of the real estate investment trust’s stock valued at $15,505,000 after acquiring an additional 4,875,549 shares during the period. Finally, Sei Investments Co. lifted its position in Hudson Pacific Properties by 18,343.2% during the 2nd quarter. Sei Investments Co. now owns 5,571,688 shares of the real estate investment trust’s stock valued at $15,266,000 after acquiring an additional 5,541,478 shares during the period. 97.58% of the stock is owned by hedge funds and other 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.