Hudson Pacific Properties Inc logo

Hudson Pacific Properties Inc(HPP)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$12.15
10/13/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for HPP

10/13/2026: HPP (1-star) is currently NOT-A-BUY. Pass it for now.

Hudson Pacific Properties is a real estate investment trust specializing in office buildings and studio production facilities across the West Coast. The company benefits from its focus on high-quality assets in major tech and media hubs, alongside a differentiated studio business that provides exposure to entertainment content production. Its primary growth opportunity lies in leveraging its unique studio infrastructure and stabilizing office portfolios as market conditions evolve. However, the company faces significant risks from high financial leverage, sector-wide office demand concerns, and rising interest rates. It may suit investors seeking specific West Coast real estate exposure, provided they closely monitor the company's deleveraging progress and office lease retention.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorWeak fitThe current office real estate cycle presents significant headwinds to traditional growth expectations.
Momentum investorWeak fitThe stock has struggled to maintain positive price momentum amid broader sector pessimism.
Value investorMixed fitTrading at a discount to book value may interest contrarians, though balance sheet risks must be weighed.
Dividend investorMixed fitDividend reliability is secondary to the company's current focus on debt management and capital preservation.
Low-risk investorWeak fitHigh leverage and office market exposure create volatility unsuited for low-risk strategies.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock is highly sensitive to interest rate fluctuations and sector-specific office demand news.
Valuation riskMedium / highMarket pricing of office assets remains uncertain due to appraisal gaps in the current environment.
Competition risk (office/studio occupancy)Medium / highCompetition for high-credit tenants is fierce as office vacancy rates remain elevated.
Business qualityMediumThe quality of HPP's assets is strong, but macro headwinds currently overshadow property-level performance.
Dividend incomeMediumDistributions are susceptible to adjustment based on REIT payout requirements and operational cash flow.
Execution riskMedium / highThe ability to successfully deleverage while navigating a difficult leasing environment is key to future performance.

Price Behavior

Rolling Over
PRICE PATH

Rolling Over

The price momentum is slowing down and beginning to turn downward.

Choppy
PRICE STABILITY

Choppy

The stock has experienced frequent reversals and pronounced short-term price swings.

Analysis of Past Performance

Type Stock
Historic Profit 41.15%
Avg. Invested days 29
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/13/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
HPP receives a 3-star rating, supported by solid analyst coverage. The rating is constrained by weak unit economics, soft quantitative characteristics, and weak price momentum.

Company Fundamentals

★★★★★
HPP has moderate overall fundamentals (3 stars), with soft financial health, soft growth momentum, and solid ownership. In FY2025 versus FY2024, solid cash generation (FCF margin 11.9%) is partially offset by negative earnings growth (-60.7%), slightly negative revenue growth (-1.3%), weak profitability (net margin -66.4%).

Financial Health Rating

★★★★★
HPP's financial health is soft, with the relatively strongest area being moderate efficiency, including operating-expense and cost-of-revenue discipline (opex -36.4% of revenue). Profitability is weak (1 stars), which helps explain the 2-star overall score.

Growth Momentum Score

★★★★★
HPP's growth profile is soft, with the least-weak measure being revenue growth at -1.3% FY2025 versus FY2024. By comparison, while earnings growth (-60.7%, negative) and free-cash-flow growth (-30.1%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 123.4% and approximately 92.1% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 2.51% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

Cohen & Steers Inc 18.15%
BlackRock Inc 12.47%
Vanguard Portfolio Management, LLC 5.41%
T. Rowe Price Investment Management,Inc. 5.23%
Philosophy Capital Management LLC 5.09%

Unit Economics (Per $1K Revenue)

★★★★★
HPP generates approximately $-421 of gross profit, $-57 of operating income, and $119 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Operating losses explain the 1-star rating, with weak cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 0.05%

Quantitative Style Profile

★★★★★
HPP has a liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

High VolatilitySmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 660.99M USD
Price to earnings Ratio -
1Y Target Price 16.55
Price to earnings Ratio -
1Y Target Price 16.55
Volume (30-day avg) 650.8K shares
Beta 1.98
52 Weeks Range 5.26 - 19.46
Updated Date 10/13/2026
52 Weeks Range 5.26 - 19.46
Updated Date 10/13/2026
Dividends yield (FY) -
Basic EPS (TTM) -9.59

How Company Makes Money

Business areaWhat it includesRetail investor read
Office LeasingRental income from Class A office properties in major US tech/media markets.The primary source of revenue, highly dependent on corporate office demand.
Studio OperationsLeasing of studio stages and production services to entertainment companies.A niche but valuable component that provides diversification from office cyclicality.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

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Valuation

Trailing PE -
Forward PE 6.32
Enterprise Value 4.72B
Price to Sales(TTM) 0.81
Enterprise Value 4.72B
Price to Sales(TTM) 0.81
Enterprise Value to Revenue 5.8
Enterprise Value to EBITDA 54.68
Shares Outstanding 54.27M
Shares Floating 49.96M
Shares Outstanding 54.27M
Shares Floating 49.96M
Percent Insiders 2.51
Percent Institutions 123.38

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.