Hudson Pacific Announces $600M Stock Offering

Hudson Pacific Properties ( (HPP) ) has shared an update.

On June 11, 2025, Hudson Pacific Properties announced a $600 million public offering of common stock and pre-funded warrants, intending to use the proceeds to repay debts and for general corporate purposes. The company reported a 24% increase in leasing activity in the first quarter of 2025, the highest since 2022, and is implementing cost reduction initiatives to optimize overhead and improve liquidity, with a focus on enhancing operating margins and addressing debt maturities.

The most recent analyst rating on (HPP) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on Hudson Pacific Properties stock, see the HPP Stock Forecast page.

Spark’s Take on HPP Stock

According to Spark, TipRanks’ AI Analyst, HPP is a Neutral.

Hudson Pacific Properties’ overall score reflects significant financial challenges, including declining revenue and high leverage. Despite strong leasing activity and improved liquidity from recent financing, technical indicators remain bearish, and valuation concerns persist.

To see Spark’s full report on HPP stock, click here.

More about Hudson Pacific Properties

Hudson Pacific Properties is a real estate investment trust focusing on tech and media tenants in global centers for these industries. The company specializes in creating collaborative and sustainable office and studio spaces through strategic relationships and expertise in property development.

Average Trading Volume: 2,757,451

Technical Sentiment Signal: Sell

Current Market Cap: $357.4M

For detailed information about HPP stock, go to TipRanks’ Stock Analysis page.