Speaking during an interview with GamingBolt, Wedbush Morgan’s Michael Pachter said he expects Sony to announce a new IP for the PlayStation 4 during its annual E3 media briefing next Monday.

“No idea what Sony has planned for us,” said the analyst. “There will probably be a new IP, but am not sure what it will be. Yes, they will definitely focus on third party, but I expect something new.”

Pachter’s comments about third-party support also ties in with recent murmurs that Japanese publishers are returning to the PS4 in droves, having previously been chasing profit within the mobile games market. From what we’ve heard, E3 is set to showcase a number of major titles from third-party developers, with Devil May Cry 5 hotly tipped to be announced by Capcom at the event.

“I think a lot of Japanese developers lost their way chasing the mobile games yen, if you will, but they’re coming back to console in a major way,” commented Shawn Layden, President of Sony Interactive Entertainment America (SIEA). “And speaking of, we’ll have some big announcements at E3 in that precise vein.”

On the first-party front, it has been heavily rumored that Bloodborne 2 will be unveiled at E3 by Sony, although it is believed developer From Software is working on multiple new titles, so this could be the new IP that Pachter has speculated will be shown there. Other titles likely to be showcased at the presser include first-party heavyweights such as God of War, Detroit: Become Human, Spider-Man, and Days Gone, most of which haven’t been since since their debut at E3 2016.

In related news, Pachter previously said that he expects Sony to slash the price of the PS4 Pro at E3—providing, that is, Microsoft announces a $399 price tag for the Xbox Scorpio.