In an interview with SFX Magazine alongside "Picard" co-showrunner Akiva Goldsman, Patrick Stewart confirmed that the upcoming third season will be the show's last (via Trek Central on Twitter).

"Picard" Season 3 has been in the works for quite some time. Technically, Paramount+ renewed "Picard" for both Season 2 and Season 3 back in January 2020, but the third season was officially announced in September 2021. Since 2020, the plan was to film Season 2 and Season 3 back-to-back in a bid to control production costs and accommodate the casts' schedules (via The Hollywood Reporter).

"Picard" Season 2 will premiere on Thursday, March 3, 2022, with new episodes released on Thursdays (via Deadline). Season 3 doesn't yet have an official release date, but Deadline has reported that it will be available in "early 2023."

It's definitely disappointing to some fans that "Picard" won't be going beyond Season 3. On the bright side, there's still plenty of new "Star Trek" content in the near future. In addition to "Star Trek: Discovery," "Trek: Lower Decks," and the kid-centric "Star Trek: Prodigy" on Nickelodeon, there's also the upcoming "Star Trek: Strange New Worlds," which will debut later this year. It won't have Picard, but at least it's something.