Plug Power (WBO:PLUG) Construction In Progress: €0.0 Mil (As of Mar. 2026)


WBO:PLUG Plug Power Inc WBO:PLUG
34 GF Score
Price €2.25
GF Value €1.29
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Plug Power Construction In Progress?

Plug Power WBO:PLUG -4.05% 34 Construction In Progress is €0.0 Mil as of Mar. 2026. GuruFocus rates WBO:PLUG with a GF Score™ of 34/100 and a GF Value™ of €1.29 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Plug Power's quarterly construction in progress increased from Sep. 2025 (€0.0 Mil) to Dec. 2025 (€106.5 Mil) but then declined from Dec. 2025 (€106.5 Mil) to Mar. 2026 (€0.0 Mil).

Plug Power's annual construction in progress declined from Dec. 2023 (€1,017.8 Mil) to Dec. 2024 (€480.3 Mil) and declined from Dec. 2024 (€480.3 Mil) to Dec. 2025 (€106.5 Mil).

Plug Power Construction In Progress Historical Data

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The historical data trend for Plug Power's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Plug Power Construction In Progress Chart

Plug Power Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 149.93 542.93 1,017.78 480.30 106.52

Plug Power Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 106.52 0.00
WBO:PLUG
34GF Score
Plug Power Inc WBO:PLUG
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Plug Power Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of €0.0 Mil mean?
Plug Power (WBO:PLUG) has a Construction In Progress of €0.0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Plug Power and its competitors.
Is Plug Power's Construction In Progress too high?
Plug Power's current Construction In Progress is €0.0 Mil. Overall, Plug Power has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plug Power's Construction In Progress compare to HAYW and TE?
Plug Power's Construction In Progress of €0.0 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for an Industrial Products company?
A good Construction In Progress depends on the Industrial Products industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Plug Power and its competitors. Plug Power's current Construction In Progress is €0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plug Power stock overvalued right now?
Based on GuruFocus' analysis, Plug Power (WBO:PLUG) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.29, compared to a current price of €2.25 — trading 74.6% above its estimated fair value. The current Construction In Progress is €0.0 Mil. Plug Power's overall GF Score™ is 34/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Plug Power (WBO:PLUG), the current Construction In Progress is €0.0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Plug Power (WBO:PLUG) Overvalued in 2026?

Based on GuruFocus' analysis, Plug Power stock appears to be overvalued. The current stock price of €2.25 is trading 74.6% above its estimated GF Value™ of €1.29. GuruFocus considers Plug Power to be Significantly Overvalued.

Key valuation signals for WBO:PLUG:

  • Construction In Progress: €0.0 Mil
  • GF Value™: €1.29 vs. price of €2.25 (74.6% above fair value)
  • GF Score™: 34/100 with 6 warning signs

No single metric tells the full story. See the WBO:PLUG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Plug Power Business Description

Address 125 Vista Boulevard, Slingerlands, NY, USA, 12159
Plug Power Inc is building an end-to-end green hydrogen ecosystem, from production, storage, and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation, and industrial applications.
34GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.25
Price
€1.29
GF Value