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

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

Related phones

One
  • Display 4.7" 1080 x 1920 pixels
  • Camera 4 MP / 2.1 MP front
  • Processor Qualcomm Snapdragon 600, Quad-core, 1700 MHz
  • Storage 64 GB
  • Battery 2300 mAh(18h 3G talk time)

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25 Comments

takay0

Posts: 144; Member since: Mar 25, 2012

i already order one

jacko1977

Posts: 428; Member since: Feb 11, 2012

me too

amiroo

Posts: 269; Member since: Sep 03, 2012

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

adolert15

Posts: 27; Member since: Oct 12, 2012

Glad to hear that, HTC deserves to stay alive

donfem

Posts: 708; Member since: Mar 30, 2011

Every company desrves to stay alive

Android4u

Posts: 456; Member since: Aug 16, 2012

Let's go htc!

xperiaDROID

Posts: 5629; Member since: Mar 08, 2013

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

akz1112

Posts: 16; Member since: Mar 24, 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.

akz1112

Posts: 16; Member since: Mar 24, 2013

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

lovenyc8

Posts: 164; Member since: Mar 13, 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.

wendygarett unregistered

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

lovenyc8

Posts: 164; Member since: Mar 13, 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.

amats69

Posts: 1527; Member since: Nov 12, 2012

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

Droid_X_Doug

Posts: 5993; Member since: Dec 22, 2010

Wendy, why are you so down on HTC?

amats69

Posts: 1527; Member since: Nov 12, 2012

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

darac

Posts: 2156; Member since: Oct 17, 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?

amats69

Posts: 1527; Member since: Nov 12, 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

akz1112

Posts: 16; Member since: Mar 24, 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.

Berzerk000

Posts: 4275; Member since: Jun 26, 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?

gwuhua1984

Posts: 1237; Member since: Mar 06, 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.

akz1112

Posts: 16; Member since: Mar 24, 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.

gwuhua1984

Posts: 1237; Member since: Mar 06, 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!

Berzerk000

Posts: 4275; Member since: Jun 26, 2011

Well deserved good news.

chocolaking

Posts: 495; Member since: May 22, 2012

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

mojtaba_mn

Posts: 268; Member since: Feb 22, 2013

i love htc one

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