5 Most Undervalued AI Stocks to Buy According to Hedge Funds

4. Accenture plc (NYSE:ACN)

Number of Hedge Fund Holders: 64

Forward P/E: 10.29

On April 27, 2026, Reuters reported that Microsoft is bringing out its Copilot 365 AI assistant to roughly 743,000 Accenture plc (NYSE:ACN) employees. This marks what it calls the biggest enterprise deal for the chatbot as it pushes to convert more users into paid subscriptions. Financial terms were not disclosed in the joint statement.

Reuters reported that Microsoft’s M365 and Copilot platform head Charles Lamanna said expanding support for multiple AI models, including Anthropic and a “Critique” tool that uses one model to check another, is supporting demand. The effort plans to reduce reliance on OpenAI while broadening enterprise use.

Accenture plc (NYSE:ACN)’s CEO Julie Sweet said in a statement that “our teams are already doing higher-value work because of it.” The company said 97% of staff reported Copilot helped complete routine tasks up to 15 times faster, with 53% reporting major productivity gains.

Accenture plc (NYSE:ACN) is a multinational professional services firm that helps corporations, governments, and other organizations develop their digital core, streamline their operations, accelerate revenue growth, and improve citizen services, resulting in concrete value at speed and scale. It operates in three geographical segments: North America, EMEA, and Growth Markets.