From Software is not currently considering Elden Ring 2, according to studio boss Hidetaka Miyazaki. He confirmed this during a speech following a recent awards ceremony where the game's Shadow of the Erdtree expansion took home an award.
Asked about the expansion of the Elden Ring franchise, Miyazaki said, as reported by IGN Japan and Automaton, "We're not really considering developments such as an Elden Ring 2."
While there may be no sequel plans currently, Miyazaki said the Elden Ring franchise could return "in some form in the future." Miyazaki previously said people have expressed interest in making an Elden Ring movie, but no such project has been officially announced.
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