In this article, we will discuss: 11 Most Undervalued Tech Stocks to Buy Right Now.
Harris Williams’ “Outlook 2026: Technology” report stated that tech demand will accelerate into 2026 as companies expand artificial intelligence usage and digital transformation. Michael Kim, managing director and co-head of the Technology Group at Harris Williams, said that the firm looks out for AI-advanced software and tech-supported services to automate workflows and to smooth out the customer experience. It also improves decision-making as well as increases investor interest across software and services.
The report also stated that compliance, IT services, healthcare, and legal technology are creating M&A opportunities as regulatory complexity and risks related to cybersecurity rise. Thierry Monjauze, managing director and co-head, said that supply chain risk management systems produce network effects among asset owners and contractors, mentioning Highwire and NetVendor as examples. Harris Williams also noted Sphera and A-LIGN in risk and cybersecurity software, HITRUST in integrated compliance systems, and ABC Legal in legal automation, and pointed out growing investor interest in scalable and AI-driven corporate solutions.
With that said, here are the 11 Most Undervalued Tech Stocks to Buy Right Now.
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Methodology
We used screeners to identify tech stocks that are trading below a forward P/E of 15 and limited our final selection to companies that have recently reported noteworthy developments likely to impact investor sentiment. These stocks are also popular among analysts and elite hedge funds.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 498.7% since May 2014, beating its benchmark by 303 percentage points (see more details here).
11. ACI Worldwide, Inc. (NASDAQ:ACIW)
Forward P/E: 13.18
On May 21, 2026, ACI Worldwide, Inc. (NASDAQ:ACIW) extended its partnership with UBX Tanzania Limited. It deepens a relationship spanning nearly two decades to strengthen infrastructure and scale Tanzania’s digital payments ecosystem. UBX now supports 18 banks, operates over 250 ATMs, and processes more than 1.3 million monthly transactions, the firm said.
The platform is expected to nearly double payment-processing capacity over five years while running on dual PCI-compliant data centers to improve resilience and reduce disruption risk.
Managing Director Seronga Wangwe said ACI Worldwide, Inc. (NASDAQ:ACIW) helps UBX to expand services, onboard more institutions, and deliver secure, high-performance payments. The release said UBX can now serve merchants directly and launch services like digital wallets.
EMEA General Manager Nick Craig said the collaboration builds on long-standing trust and supports digital payment transformation and financial inclusion in Tanzania.
ACI Worldwide, Inc. (NASDAQ:ACIW) is a firm that develops, markets, installs, and supports software products and solutions. It operates through the following segments: Banks, Merchants, and Billers.
10. Accenture plc (NYSE:ACN)
Forward P/E: 11.92
On May 28, 2026, Accenture plc (NYSE:ACN) and Mitsubishi Chemical formed a joint venture to drive AI-enabled reinvention, establishing Rix Business Partners through Mitsubishi Chemical’s subsidiary DIA-RIX. The report said the venture will build an AI-driven digital platform. It will support corporate functions, primarily general affairs, across offices and manufacturing sites to improve visibility, standardization, and cross-site management. It will also help employees shift toward higher-value work.
A day earlier, on May 27, 2026, Powerfleet partnered with Accenture plc (NYSE:ACN) to expand intelligent safety technologies across Central Europe. Under the agreement, the report said Accenture will promote Powerfleet’s Connected Warehouse and on-road safety solutions to enterprise customers in the region, with plans to scale further.
On May 14, Accenture plc (NYSE:ACN)’s subsidiary Accenture Federal Services and OpenAI announced a strategic partnership to advance AI usage across all US federal agencies. It stated that Accenture Federal will act as an implementation partner, helping clients move from experimentation to production “in weeks, not years.”
Accenture plc (NYSE:ACN) is a multinational professional services firm. It operates in three geographical segments: North America, EMEA, and Growth Markets.
