A U.S. retailer has reportedly listed a second-generation Xbox One S, which may be the rumored Xbox Series S console.

Twitter user Private Biscuit posted a photo of the listing on Target's merchandise system. Alternatively, it could be a placeholder for the Xbox Series S, a lower-spec version of the Xbox Series X.

According to recent rumors, Microsoft is expected to announce another new console, intended to be an inexpensive gateway to next-generation Xbox gaming. The Xbox Series S, formerly known as the Lockhart, is expected to be less powerful than the Xbox Series X, but at a much lower price.

Rather than having a lot of computing power, the Xbox Series S will target 1080p performance for gaming and may utilize Microsoft's xCloud game streaming technology. It should be able to play current generation Xbox games locally, even if the power is reduced. Sony does not appear to have an equivalent pipeline, as they have disclosed that the PS5 Digital Edition will offer the full power of Sony's next generation consoles.

It would be odd for Microsoft to release a new version of the Xbox One S in its current form, given that Microsoft has ceased production of the Xbox One X and Xbox One S All-Digital Edition. However, given that all Xbox games released in the next two years are expected to span both generations, it makes sense to stock the Xbox One S.

Given all of this, it is possible that the Xbox Series S is merely a slightly refreshed version of the Xbox One S. Previous leaks suggested that Lockhart's performance might not surpass the current generation of Xbox consoles.

It is expected that Microsoft will make some sort of announcement about the Xbox Series S this month. Microsoft's next generation hardware lineup may take full shape in the next few weeks.