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Financial analyst says HTC One is a “mini-turnaround”, upgrades HTC stock

Posted: , by Victor H.

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Financial analyst says HTC One is a “mini-turnaround”, upgrades HTC stock
The HTC One was delayed because of the manufacturing issues with HTC’s Zoe 4-megapixel camera, but now finally the handset is ready for mass production and it is expected to hit 1.2 million shipments in April and over 2 million in May.

With the supply issues being cleared out J.P. Morgan Securities has decided to upgrade the stock to "neutral" from "underweight." It has also nearly doubled the target price for HTC stock NT$330 (around $11) from NT$160 on the back of the HTC One phone.

"We have previously said that the new 'One' is HTC's last chance for a turnaround -- we now think HTC has done enough to at least see a mini-turnaround," Alvin Kwock, an analyst with J.P. Morgan says in a note to clients.

Supply has finally "significantly improved in the last two weeks" and HTC is expected to witness a hugely impressive 50% bounce-back in revenue in the second quarter.

source: Focus Taiwan

28 Comments
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posted on 15 Apr 2013, 07:25 22

1. takay0 (Posts: 144; Member since: 25 Mar 2012)


i already order one

posted on 15 Apr 2013, 08:44 9

5. jacko1977 (Posts: 388; Member since: 11 Feb 2012)


me too

posted on 15 Apr 2013, 07:31 19

2. lyndon420 (Posts: 1712; Member since: 11 Jul 2012)


Go HTC.

posted on 15 Apr 2013, 09:03 12

8. p5yb0rg (unregistered)


2012 was the year of Samsung, hopefully 2013 will be HTC's chance to shine

posted on 15 Apr 2013, 13:50 1

25. maier9900 (Posts: 257; Member since: 17 Dec 2011)


LMAO...

posted on 15 Apr 2013, 07:39 15

3. amiroo (Posts: 269; Member since: 03 Sep 2012)


woww finaly htc done it..
i cant wait more /..
indeed i need to this masterpiece.

posted on 15 Apr 2013, 08:31 13

4. adolert15 (Posts: 27; Member since: 12 Oct 2012)


Glad to hear that, HTC deserves to stay alive

posted on 15 Apr 2013, 13:19 2

24. donfem (Posts: 522; Member since: 30 Mar 2011)


Every company desrves to stay alive

posted on 15 Apr 2013, 08:51 6

6. Android4u (Posts: 456; Member since: 16 Aug 2012)


Let's go htc!

posted on 15 Apr 2013, 08:59 8

7. xperiaDROID (Posts: 5214; Member since: 08 Mar 2013)


HTC is back!! YAY! Good luck HTC! :)

posted on 15 Apr 2013, 09:22 2

9. akz1112 (Posts: 16; Member since: 24 Mar 2013)


Not hatin on this phone but it could have been much better if it was 5in display with the same dimension and a good 13mp camera instead of the 4mp that's horrible during daytime. Because seriously not everyone take picture at night. I mean who's the target? People who club and party every night? I felt the design was amazing but it's being wasted on the rest of the specs.

posted on 15 Apr 2013, 09:24 3

10. akz1112 (Posts: 16; Member since: 24 Mar 2013)


Would like to add the camera should be at least on par with iPhone 4s in daytime picture quality.

posted on 15 Apr 2013, 09:38 6

11. lovenyc8 (Posts: 164; Member since: 13 Mar 2013)


amazing HTC good luck i would like to see you back in the game again i'm happy for you all you were the first in the bussiness with the HTC HD 2 and you deserves it.

posted on 15 Apr 2013, 10:07 2

12. wendygarett (unregistered)


Those buyers will definitely regret once the sales tumbles again :(

posted on 15 Apr 2013, 10:09 6

14. lovenyc8 (Posts: 164; Member since: 13 Mar 2013)


your profile picture say it all samsung fan boy. why can't you be happy for them? haters always gone hate when people hateing on you you know you matter.

posted on 15 Apr 2013, 10:25 6

17. amats69 (Posts: 1017; Member since: 12 Nov 2012)


this wendygarett indeed a certified troll..so im not surprise.

posted on 15 Apr 2013, 11:01 4

19. Droid_X_Doug (Posts: 5605; Member since: 22 Dec 2010)


Wendy, why are you so down on HTC?

posted on 15 Apr 2013, 10:08 2

13. amats69 (Posts: 1017; Member since: 12 Nov 2012)


HTC needs this Good News after what had happened to the company this past few months..WelCome back HTC! Goodluck!

posted on 15 Apr 2013, 10:11 2

15. darac (Posts: 2156; Member since: 17 Oct 2011)


Good to hear.
This phone deserves all the attention it gets.
A worthy competition to Samsung.

An interesting thought, though..what will HTC do with the successor of the One, design wise?

posted on 15 Apr 2013, 10:19 2

16. amats69 (Posts: 1017; Member since: 12 Nov 2012)


HTC always surprise us with the Quality and Design or their Flagships..so expect the unsexpected next year :) . but for me id love to see the HTC Ones design to the successor of HTC One but of course with bigger screen (max 5 inches), bigger battery, more powerful processor and an improved Untrapixel Camera. that would be an awesome phone! just sayin

posted on 15 Apr 2013, 11:44 1

22. akz1112 (Posts: 16; Member since: 24 Mar 2013)


Agreed with u. They should take out the button and make it on screen button like nexus to keep the same size and increas to 5in display. Also like I said earlier, it should be 8 ultra mp camera. Night shot is above average but I believe majority of ppl take picture day time.

posted on 15 Apr 2013, 11:40

20. Berzerk000 (Posts: 3945; Member since: 26 Jun 2011)


Who knows what they will do. Every review I've seen of it says it's one of, if not the best designed mobile device yet. They've already conquered the beauty part of design, maybe they'll focus on durability next year and bring both together?

posted on 15 Apr 2013, 10:30 3

18. gwuhua1984 (Posts: 1237; Member since: 06 Mar 2012)


Congratz for HTC. I almost ordered a 64GB version because water went into my One X and the microphone wasn't working. Fortunately I could open the phone easily to dry off the parts inside and got it working again. I would really like to hope off on the One in hope to see the flagship next year having 8MP ultrapixels, if yes, HTC for sure next year.

posted on 15 Apr 2013, 11:47

23. akz1112 (Posts: 16; Member since: 24 Mar 2013)


Htc would have nailed it if Htc one has 8 ultra mp shooter. Not sure if next year be a differ maker. By then Nokia lumia/iPhone 6 phone camera will be so much better.

posted on 15 Apr 2013, 18:29

27. gwuhua1984 (Posts: 1237; Member since: 06 Mar 2012)


HTC won't just nail it... They will kill it all with ultra 8MP shooter. 8MP with good low light captures... It'll be crazy!

posted on 15 Apr 2013, 11:42 2

21. Berzerk000 (Posts: 3945; Member since: 26 Jun 2011)


Well deserved good news.

posted on 15 Apr 2013, 14:21 2

26. chocolaking (Posts: 430; Member since: 22 May 2012)


GOOD JOB HTC! smartphone industry need a innovation company like you!

posted on 16 Apr 2013, 05:24

28. mojtaba_mn (Posts: 161; Member since: 22 Feb 2013)


i love htc one

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