The iconic late-night comedy show, Saturday Night Live (SNL), is about to bid farewell to its 51st season, leaving fans eagerly awaiting the next installment. With just three episodes remaining, the question on everyone's mind is: When will SNL return with new episodes? And who will be hosting these final shows? Well, get ready for some exciting news! The show is set to make a grand comeback on May 2, 2026, marking a new chapter in its long-standing history. But that's not all - the hosts and musical guests for these final episodes are truly something to behold. Olivia Rodrigo, a first-timer, will grace the stage as both host and musical guest, bringing her unique charm and talent to the show. The penultimate episode will feature Matt Damon, a familiar face to SNL, hosting alongside Noah Kahan as the musical guest. And to cap it all off, the season finale will be a star-studded affair with Will Ferrell returning to 8H, joined by Paul McCartney as the musical guest. This season finale will be a testament to Ferrell's enduring legacy on the show, as he takes the reins for the sixth time. As for the next new episode, it's not tonight, contrary to what some might think. The air date is set for May 2, 2026, and fans can catch it live on NBC, the NBC app, or NBC.com. But if you're a streaming enthusiast, you can also tune in to Hulu + Live TV, YouTube TV, DIRECTV, Peacock, or Sling TV (in select markets). However, it's worth noting that Hulu + Live TV doesn't offer next-day streaming, so you'll need to catch the live broadcast. Peacock, on the other hand, will make the upcoming Olivia Rodrigo-hosted episode available on demand starting Sunday, May 3. So, mark your calendars and get ready for some hilarious and memorable moments as SNL continues to entertain and surprise us!