HPP

Hudson Pacific Properties' stock price has experienced a decline of 40.36% over the past year. The 52-week trading range for HPP has been between $5.26 and $21.70. In Q1 2026, the company reported funds from operations (FFO) of $16.5 million, or $0.25 per share, surpassing expectations, and revenue for the quarter was $181.9 million, also exceeding estimates. Following the strong Q1 results, Hudson Pacific raised its 2026 core FFO outlook to a range of $1.10-$1.18 per share. The company is targeting approximately $200 million in FFO-accretive dispositions and has undertaken strategic asset sales, capital transactions to extend maturity runways, and operational restructuring to enhance liquidity and operating efficiency. Hudson Pacific Properties announced the phased wind-down of its Quixote subsidiaries' leased sound stage facilities and Atlanta-area operations, aiming to eliminate its earnings drag by year-end. The stock currently holds a consensus 'Hold' rating from analysts, with an average price target of $14.11, representing a potential upside of approximately 28.9% from its current price.