The next-generation console is expected to arrive in 2027, according to recent leaks and statements from industry insiders.
PlayStation console architect Mark Cerny mentioned in a recent AMD video that next-gen is just a "few years away". This aligns with the target release year of 2027, consistent with past console release cycles.
next-gen is just a "few years away" - Mark Cerny
A leak from KeplerL2, a known hardware leaker, states that "it's the plan [to release the PS6 in 2027] unless any unexpected delays occur". This would be consistent with the seven-year cycle of the PS4.
Additionally, a leak from YouTuber Moore's Law Is Dead claims that Xbox is also planning to release a new device in 2027, potentially a traditional console or a hybrid PC.
The PS6 is rumored to be cheaper but less powerful than the next Xbox.
Author's summary: PS6 release date expected in 2027.