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Bill Ackman Pershing Square bets on Microsoft as valuation turns “highly compelling” amid AI worries
Business
Published on 15 May 2026
Ackman calls Microsoft’s AI edge undervalued by investors
Bill Ackman’s Pershing Square says it is disclosing a new position in Microsoft, arguing the company is priced far below what its enterprise franchises can deliver. Ackman points to Azure cloud and the Microsoft 365 productivity suite, including the $30-a-month Copilot AI assistant. Pershing built the stake from February after disappointment in December-quarter results triggered a 15% stock slide, citing slower cloud growth and heavy capital spending.
- Pershing Square plans to disclose a new Microsoft position later Friday
- Ackman says Microsoft sits at a “highly compelling valuation”
- The stake began in February after December-quarter results disappointed Wall Street
- Microsoft shares are down more than 15% this year amid AI competition worries
- Ackman backs Microsoft’s $190 billion 2026 spending plan for future growth
- He argues concerns about Azure competition and OpenAI partnership changes are overstated
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times