The Latest Canon PowerShot Rumours

credits: Canon

Canon’s PowerShot comeback is continuing to take shape, and the company’s upcoming high-end compact apparently won’t be the G7 X Mark IV many people were expecting. According to the latest information, the new PowerShot will be a fairly significant departure from the G7 X Mark III and not a straightforward successor. That lines up with an earlier source who described the camera as “nothing like previous G series cameras.” There have been some conflicting rumours over the past few months, including suggestions that it could simply be an evolution of the G7 X, but the latest information once again points toward something considerably different.

One of the biggest changes could be the sensor. The G7 X Mark III uses a 1-inch stacked CMOS sensor from Sony, while the upcoming PowerShot is now said to use a larger sensor, potentially developed by Canon itself. Whether that sensor will be stacked is still unclear. Earlier rumours actually pointed toward another new 1-inch sensor, so this part of the specification clearly is not settled yet. The lens is also expected to be a fast zoom with a variable maximum aperture. We do not have the exact focal length or aperture range yet, but for comparison, the G7 X Mark III uses a 24-100mm-equivalent f/1.8-2.8 lens, so it will be interesting to see how Canon balances sensor size, zoom range and lens speed on the new model.

Despite supposedly moving further upmarket, Canon is reportedly trying to keep the camera below $1,000, with earlier information pointing toward somewhere between $700 and $1,000. An announcement is currently expected in late 2026 or early 2027, potentially around CES in January or CP+ in February. This is not the only PowerShot Canon has in development either. A much cheaper entry-level model is also expected, while earlier rumours mentioned as many as three new compacts, including a long-zoom model and a premium flagship. Canon is reportedly developing a new smartphone app for these upcoming cameras as well, with features including LUT application and RAW processing.