HTC

HTC shares jump more than 20% in two days as investors get on the HTC Vive bandwagon

HTC shares jump more than 20% in two days as investors get on the HTC Vive bandwagon
In just a couple of trading days - Friday and Monday - HTC shares soared nearly 21%, and this despite the fact that Friday saw the company announcing its lowest monthly revenue in recent history. 

On Friday, HTC shares jumped 9.75 percent. On Monday, the HTC stock price increased by another 10% in just a few hours, which forced the Taiwan stock exchange to close out trading of the stock for the day, according to regulations. HTC's shares are currently priced at $99 TWD, the highest price since June 2015. 

Interestingly, the revival of HTC's ailing stock appeared to be unnaffected by the fact that on Friday, the company announced February revenues of NT$4.20 billion (about $129 million USD), or the lowest monthly revenue figure in HTC's modern history.

While many primarily see HTC as a smartphone maker, it looks like the company is currently banking hard on VR and wearables. The newfound investor confidence in HTC stocks can largely be attributed to what looks like a pre-order success for HTC Vive. While HTC has yet to report detailed figures, company officials revealed that the first 10 minutes of pre-order availability saw 15,000 Vive units being reserved

Furthermore, HTC also announced on Friday that its has fully shipped its first batch of HTC UA HealthBox units. The connected health system, which costs $400, consists out of three components, a fitness band, a heart rate monitor, and a smart scale. The company said that it is now speeding up its shipment cycle in response to the strong market receptance.

Although this boost in stock price is surely welcome by HTC executives, the company will probably need to make its upcoming flagship smartphone, the HTC 10, a hit before it can hope for a complete turnaround of its financial woes. Interestingly, while HTC stocks were making impressive jumps in the market, renders of the HTC 10 started leaking online. According to rumors, the HTC 10 will be officially unveiled at some point in April and launched in the US in May.

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14 Comments

2. drunkenjay

Posts: 1647; Member since: Feb 11, 2013

as i said before. the only reason htc is barely surviving is due to the vr and not their handsets. tbh i lost my wow on htc phones since the m7. camera is just garbage tbh, might as well make quad speakers and remove the camera altogether since even if i take a picture of my hand it ends up as some other "races hand"

8. mixedfish

Posts: 1545; Member since: Nov 17, 2013

How can they be surviving on VR if they haven't even released the headset yet.

34. drunkenjay

Posts: 1647; Member since: Feb 11, 2013

pre-orders. 15000 were sold

10. Commentator

Posts: 3722; Member since: Aug 16, 2011

Who cares if you said it before?

3. nebula

Posts: 1009; Member since: Feb 20, 2015

Don't expect much from the smartphone division. It has been gradually abandoned after M7 and hardly will be taken care care off. Vive is the future for them. At the end of the day they have to make money and they don't in phone arena. Cha cha PhoneArena :)

4. khalid123

Posts: 29; Member since: Feb 27, 2016

great for htc

6. MrMiyagi

Posts: 41; Member since: Feb 27, 2014

This is good news for HTC I guess...but considering Samsung & Xiaomi are also kings in this category, I just think this is all 'Initial hype'

9. mixedfish

Posts: 1545; Member since: Nov 17, 2013

Unlike HTC partnering with Steam, Samsung and Xiaomi have an absolute 0 chance of ever become content producers to support the VR ecosystem. If they only aim to make money from hardware then they will only end up being undercutted by new competitors who can make copies for less money.

12. MuddyCow

Posts: 90; Member since: Oct 09, 2014

Agree, this is totally on a different level.

16. w1000i

Posts: 235; Member since: Jul 22, 2015

What r u talking about ??!! This VR is real thing and for high-end PC only

14. joelcane

Posts: 31; Member since: Mar 05, 2016

Htc is done, they are dead to me. They should just give up on their mobile division and focus on vice.

25. Eclectech

Posts: 342; Member since: May 01, 2013

HTC is not done. I plan to buy their next flagship phone and I've been far happier with their past phones then I've been with this Galaxy S6 I currently have.

23. Eclectech

Posts: 342; Member since: May 01, 2013

Yay!!! I'm so happy for HTC. I'm pulling for them, hoping they succeed. Compared to Apple, Samsung, LG and other Chinese OEMs, HTC is very small, but they keep trying and I respect their tenacity.

27. anotherfan

Posts: 62; Member since: Sep 28, 2015

Let's hope they make more, because their smartphones are way better than a lot of smartphones out there, their ui is the best one that i've ever seen, they need to improve on camera and they need to promote their products well.

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