The swamp is officially open for business. On Saturday, April 18, 2026, Mike Myers sent fans into a frenzy during the 51st AFI Life Achievement Award ceremony honoring his longtime costar, Eddie Murphy. Appearing in full prosthetic makeup and green paint, Myers didn’t just honor “Donkey”—he provided the most exciting Mike Myers Shrek 5 update April 2026 yet, confirming that the upcoming sequel is already looking “fantastic.”
In a move that could only be described as “all-star,” Myers arrived at the Dolby Theatre in Los Angeles transformed into his iconic ogre persona. While on the red carpet and later on stage, Myers spoke with Extra and other outlets, gushing about the progress of the long-awaited fifth installment.
“I’ve seen some of it,” Myers teased with a grin. “I’ve seen Shrek 5 and it is fantastic. It’s exactly what the fans have been waiting for.” This marks the first time a lead cast member has confirmed seeing footage from the film, which has been in deep production since early 2024.
While the Shrek 5 news stole the headlines, Myers was primarily there to celebrate Eddie Murphy’s career. “None of Shrek’s success could have happened without Eddie Murphy,” Myers told the star-studded crowd. “Eddie’s character, Donkey, is a masterpiece. He is one of the greatest, plainly put.”
The chemistry between the two legends was palpable, even through layers of green silicone. Murphy, who recently confirmed he has already recorded his first act of dialogue for the new film, laughed along as Myers delivered his tribute in the signature Scottish burr.
The road back to Far Far Away hasn’t been without its hurdles. Originally slated for a summer 2026 release, the film has faced a few tactical shifts:
• Current Release Date: June 30, 2027.
• The Returning Trio: Mike Myers (Shrek), Eddie Murphy (Donkey), and Cameron Diaz (Fiona) are all officially back.
• New Blood: Directing duo Walt Dohrn and Conrad Vernon are at the helm, promising to “turn fairy tales on their head” once again.
Universal and DreamWorks reportedly moved the date to avoid a crowded 2026 holiday window, opting instead for a prime summer 2027 slot. With Myers now confirming the quality of the footage, the year-long delay seems a small price to pay for what he promises is a “return to form” for the franchise.
