Hudson Pacific Properties Streamlines Board, Reduces Expenses

Hudson Pacific Properties ( (HPP) ) has provided an announcement.

On June 25, 2025, Hudson Pacific Properties announced a reduction in its Board of Directors from ten to eight members as part of an initiative to cut annual general and administrative expenses. Directors Ebs Burnough and Christy Haubegger resigned without disagreement, and the Board appointed Theodore Antenucci and Jonathan Glaser to the Compensation Committee. CEO Victor Coleman highlighted the streamlined board’s role in supporting cost management and value creation for shareholders, while expressing optimism about the company’s future, bolstered by California’s increased film and TV production incentives.

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 faces significant financial challenges, with declining revenues and high leverage. While technical indicators suggest bearish trends, strategic corporate actions and strong leasing activity offer some optimism. The valuation reflects current profitability struggles, dampening the overall outlook despite potential liquidity improvements.

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 that provides comprehensive real estate solutions for tech and media tenants. The company focuses on creating world-class office and studio spaces in key global markets, leveraging strategic relationships and expertise in property development.

Average Trading Volume: 6,306,011

Technical Sentiment Signal: Sell

Current Market Cap: $927.9M

Learn more about HPP stock on TipRanks’ Stock Analysis page.