Hudson Pacific Properties, Inc. (NYSE:HPP) is a real estate investment trust (REIT) that focuses on acquiring, developing, and operating office and studio properties. The company primarily operates in the West Coast of the United States, with a significant presence in Los Angeles, San Francisco, and Seattle. As a REIT, Hudson Pacific Properties is required to distribute at least 90% of its taxable income to shareholders, making it an attractive option for income-focused investors. The company competes with other major REITs in the region, such as Kilroy Realty Corporation and Douglas Emmett, Inc.
On March 6, 2026, Jefferies reiterated its Hold rating for Hudson Pacific Properties, citing "renewed leasing momentum." At the time, the stock price was $6.99. This rating aligns with the consensus from fourteen brokerages, as highlighted by MarketBeat Ratings, which also gave the stock a "Hold" rating. Among these brokerages, three analysts have given a "sell" rating, seven have recommended "hold," and four have suggested a "buy."
The average one-year price target for Hudson Pacific Properties is approximately $14.64, indicating potential upside from its current price of $6.99. However, opinions among analysts vary. BTIG Research has set a price objective of $26, maintaining a "buy" rating, while Zacks Research downgraded the company to a "strong sell." Morgan Stanley reiterated an "underweight" rating with a price target of $8.00, and The Goldman Sachs Group set a price target of $14.50.
The stock has experienced a decrease of 6.55%, with a change of $0.49, and has fluctuated between a low of $6.91 and a high of $7.37 during the day. Over the past year, the stock has reached a high of $22.89 and a low of $5.55. Hudson Pacific Properties has a market capitalization of approximately $379 million, with a trading volume of 1,086,128 shares on the NYSE.
