Yeah, I was crossing my fingers to have news in the recent directs and events but nothing. 2027 does sound reasonable. There are shake ups though, after the underperformances of FFXVI and especially FFVII Rebirth, so maybe they are planning on how exactly aim their other big title. Among other things, Square Enix abandones the Playstation exclusivity.
If it was going to release in 2025 we'd have gotten another trailer by now.