PRICE TARGET RISING! D-Wave, Palantir, Siemens Energy, and First Hydrogen

D-Wave: Quantum computing in medicine

D-Wave Quantum is one of the hot stocks in quantum computing. The technology company already works with numerous corporations. Most recently, it reported on its cooperation with Japan Tobacco. D-Wave is working on a proof-of-concept project with the pharmaceutical division of the Japanese corporation. The project involves using quantum computer technology and artificial intelligence (AI) in drug discovery. The project aims to accelerate the discovery of first-class low-molecular-weight active ingredients while improving the quality and speed of various processes. In this proof of concept, D-Wave's annealing quantum computing technology is being used in Japan Tobacco's AI technology framework to train LLMs, such as a transformer architecture – the same engine as ChatGPT – for exploring the chemical space. This allowed the teams to evaluate the feasibility of building a machine learning system capable of processing a broader range of molecular properties and activities of compounds, ushering in a new phase in the use of quantum AI technologies for drug discovery.

D-Wave CEO Dr. Alan Baratz: *"AI has made impressive strides but faces a computational challenge due to rising energy requirements* and costs. Integrating quantum computing with AI and machine learning could provide scalable, energy-efficient solutions to address these issues and potentially offer improved AI capabilities. We believe our work with Japan Tobacco is an important demonstration and validation of the integration of quantum computing and AI. Together, these powerful technologies can help customers develop more efficient, faster, and energy-saving AI and machine learning workloads."

To meet the energy requirements mentioned by the D-Wave CEO, First Hydrogen plans to contribute green hydrogen from nuclear energy in the future.

First Hydrogen: Do not miss this opportunity to get in now

Hydrogen from nuclear energy is currently the hottest topic in the industry. First Hydrogen announced early on that it would enter this field and is now following through with action. The establishment of its subsidiary, First Nuclear, was recently announced. It will be dedicated to promoting clean energy through the innovative use of small modular reactors (SMRs). The goal is to revolutionize the production of green hydrogen.

First Hydrogen believes SMRs are ideally suited to integrate advanced nuclear technologies into green hydrogen production. This is because SMRs are compact, scalable, and capable of providing a continuous energy supply regardless of weather conditions. These are ideal conditions for producing green hydrogen in a stable, cost-effective, and efficient process. First Nuclear will, therefore, complement the Company's Hydrogen-as-a-Service model.

The SMR topic is being consistently promoted, particularly in the US. This is not surprising, as large data center operators such as Amazon, Microsoft, and Alphabet are desperately searching for clean and affordable energy. IDTechEx, a specialist in independent research on new technologies and their markets, sees SMRs as an important building block for meeting energy needs and combating the climate crisis. The global market for SMRs is expected to reach a volume of around USD 72 billion by 2033 and grow to as much as USD 295 billion by 2043.

Following the announcement about First Nuclear, First Hydrogen's share price shot up by around 50% to EUR 0.45. Due to the stock market turmoil triggered by the trade war, it then fell back to EUR 0.31. This currently presents an exciting opportunity to invest in First Hydrogen.

Siemens Energy: Target price rises

Siemens Energy is also benefiting from the global hunger for energy and, unlike First Hydrogen, has come through the stock market turmoil of recent weeks in good shape. At over EUR 65, the DAX share is trading at an all-time high. Most analysts are not deterred by the high prices and impressive market capitalization of over EUR 50 billion. According to marketscreener.com, 11 of 20 analysts recommend the Siemens Energy shares as a "Buy". Only 4 recommend the share as a "Sell".

Deutsche Bank recently confirmed its "Buy" recommendation for Siemens Energy shares. The price target was raised from EUR 62 to EUR 74. Analysts believe that the DAX-listed company's quarterly figures were a positive surprise. As a result, experts have significantly raised their profit estimates for Siemens Energy for the coming years.

Siemens Energy is currently impressing with relative strength. However, the valuation appears ambitious. The recent price slide at First Hydrogen offers an attractive entry opportunity. The combination of SMRs and hydrogen will likely electrify the stock market even more in the near future. D-Wave shares are likely to continue fluctuating sharply and are not for the faint of heart.