Drake’s early October release of the Habibti (FOMO) deluxe edition, adding four new tracks previewed in his short film, has become the dominant factor shaping trader views on near-term album output. After the May surprise drop of three full projects—Iceman, Habibti, and Maid of Honour—that dominated Billboard charts and streaming metrics, the expanded edition is widely interpreted as fulfilling 2026 expectations without launching a standalone studio album. Drake’s decision not to submit any of the trio for Grammy consideration further signals a completed cycle rather than active campaign momentum. With no confirmed new project announcements or release windows on the horizon, market-implied odds reflect this reset in release strategy, though surprise drops remain part of his historical pattern.