IBM and Agassi Sports Entertainment Launch AI-Driven Platform to Enhance Global Racquet Sports
Written by Emily J. Thompson, Senior Investment Analyst
Source: Newsfilter
Updated: Nov 05 20250mins
Partnership Announcement: Agassi Sports Entertainment (ASE) and IBM have formed a multi-year collaboration to create a digital platform that leverages AI technology to enhance the racquet sports experience for players and fans globally.
Platform Features: The initiative will include AI-powered video coaching, performance analytics, premium content, and community engagement tools, with the first app release expected in early 2026.
Vision for Inclusivity: The partnership aims to make racquet sports more accessible and inclusive, reducing barriers to high-level training and fostering a global community of players and fans.
Technological Integration: The platform will utilize IBM's cloud and AI technologies, with a focus on continuous innovation to adapt to the evolving needs of the racquet sports community.
IBM.N
$0.0000%Past 6 months
Line
|
Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
No Data
Powered By
Intellectia
Analyst Views on IBM
Wall Street analysts forecast IBM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for IBM is 295.18 USD with a low forecast of 210.00 USD and a high forecast of 350.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
7 Buy
6 Hold
1 Sell
Moderate Buy
Current: 305.690
Low
210.00
Averages
295.18
High
350.00
Current: 305.690
Low
210.00
Averages
295.18
High
350.00
Melius Research
Benjamin Reitzes
Buy
maintain
2025-10-31
Reason
Melius Research
Benjamin Reitzes
Price Target
2025-10-31
maintain
Buy
Reason
After having spent a day at IBM's quantum lab and meeting with Jay Gambetta, Director of IBM Research, Melius Research analyst Benjamin Reitzes reiterates a Buy rating on the shares, telling investors that IBM has the most quantum computers in use today, "by far," and arguing that its potential in quantum "looks like it could amount to billions of high-margin annualized revenue" starting in 2029. The "Starling" line of quantum computers has the potential to unlock capabilities to run revolutionary applications on a 200 qubit platform with an error correction rate that "finally allows this technology cross the chasm," according to the analyst, who adds that IBM seems to have "the ingredients to win in Quantum since it arguably has the best hardware roadmap and the mindshare of developers with its Qiskit platform."
UBS
Sell
maintain
$200 -> $210
2025-10-23
Reason
UBS
Price Target
$200 -> $210
2025-10-23
maintain
Sell
Reason
UBS raised the firm's price target on IBM to $210 from $200 and keeps a Sell rating on the shares. The firm, which raised its price target as it rolls its valuation basis to calendar year 2027, argues that "key metrics flash caution" into 2026 and that it is "not too early to focus on the puts and takes heading into" the outlook for next year as Red Hat and TP constant currency growth "disappoint" in Q3.
Morgan Stanley
Equal Weight
maintain
$256 -> $252
2025-10-23
Reason
Morgan Stanley
Price Target
$256 -> $252
2025-10-23
maintain
Equal Weight
Reason
Morgan Stanley lowered the firm's price target on IBM to $252 from $256 and keeps an Equal Weight rating on the shares. Software results surprised to the downside, with Red Hat and TP decelerations "standing out," the analyst tells investors. While Infrastructure and Consulting beats were "positive surprises," IBM now has more work cutout to reaccelerate software growth to hit 5%-plus revenue growth in 2026, the analyst added.
RBC Capital
Outperform
downgrade
$315 -> $300
2025-10-23
Reason
RBC Capital
Price Target
$315 -> $300
2025-10-23
downgrade
Outperform
Reason
RBC Capital lowered the firm's price target on IBM to $300 from $315 and keeps an Outperform rating on the shares. The company's headline numbers were positive, but investor focus heading into and now coming out of the quarter is on Red Hat, where growth decelerated, the analyst tells investors in a research note. The management highlighted 20% Red Hat bookings growth as a positive sign for 2026, but Q4 is likely to continue to see some consumption headwinds, the firm added.
See All Ratings
About IBM
International Business Machines Corporation is a provider of global hybrid cloud and artificial intelligence (AI) and consulting expertise. The Company’s segments include Software, Consulting, Infrastructure and Financing. The Software segment includes hybrid cloud and AI platforms, which allow clients to realize their digital and AI transformations across the applications, data, and environments in which they operate. The Consulting segment focuses on integrating skills on strategy, experience, technology and operations by domain and industry. The Infrastructure segment is focused on the hybrid cloud infrastructure market, providing on-premises and cloud-based server and storage solutions. In addition, it offers a portfolio of life-cycle services for hybrid cloud infrastructure deployment. The Financing segment provides client and commercial financing, facilitating its clients’ acquisition of hardware, software and services. It helps clients in more than 175 countries.
About the author
Preview
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Sigh Up to Get Intellectia Insights
What are the key features of IBM's Quantum Loon processor?
How does IBM plan to achieve fault-tolerant quantum computing by 2029?
Will IBM's advancements in quantum computing increase its market share by 2029?
How might IBM's DARPA Stage B progress impact its stock performance next year?