# Barclays has an overweight rating on Qorvo and a $100 price target on shares.

*semiconductor · news · 2026-04-22 · CNBC*

## Key points

- Barclays expects Apple's first foldable iPhone to release in September, benefiting Qorvo and Skyworks.
- Barclays set a $100 price target for Qorvo and $70 for Skyworks, projecting 20% and 17% gains.
- Apple will likely release lower-priced iPhone and MacBook models at $599 this year, per Barclays.
- Barclays' bullish stance on Qorvo and Skyworks contrasts with most Street analysts' hold ratings.

**Companies:** Apple, Skyworks Solutions, Qorvo
**Countries:** United States

[Read the full story on CNBC](https://www.cnbc.com/2026/04/22/buy-these-two-chip-stocks-primed-to-benefit-from-a-foldable-iphone-says-barclays.html)

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