It is finally happening. After a holiday season dominated by inventory shortages and full-priced hardware, Presidents' Day gaming deals 2026 have delivered the first truly aggressive price cuts of the year. As of this morning, Monday, February 16, major retailers like Amazon, Best Buy, and Walmart have triggered a massive coordinated sale that sees the PlayStation 5 Slim drop to a record-low $399 and the nearly one-year-old Nintendo Switch 2 receiving its first significant bundle offers. If you held off on upgrading your setup in 2025, this mid-February sales event is the signal you’ve been waiting for.
PS5 Slim $399 Sale: The Deal of the Year (So Far)
The headline act of this week's sales is undeniably the PS5 Slim $399 sale. For the first time outside of Black Friday lightning deals, Sony has authorized a $100 price cut on the standard disc-based PS5 Slim across all major storefronts. This move comes as the mid-generation ecosystem stabilizes, positioning the standard Slim as the high-value entry point alongside the premium Pro model.
At Best Buy and Walmart, this $399 price point is available for standalone consoles, but savvy shoppers should look at Amazon gaming console sales, which have quietly matched this price while throwing in digital vouchers for older titles. With the PS5 library now boasting a mature catalog of exclusives, getting the disc drive model for under $400 is a critical win for physical media collectors. This deal is likely a strategic push to clear inventory before the fiscal year ends, so stock is expected to move fast.
First Major Nintendo Switch 2 Bundle Deals Arrive
Since its launch in June 2025, the Nintendo Switch 2 has held stubbornly to its $449.99 MSRP with almost zero discounts. That changes today. While we aren't seeing direct price cuts on the hardware itself, the first official Nintendo Switch 2 bundle deals have gone live. Retailers are now offering the console bundled with a select launch-window title for the standard hardware price—effectively giving you a $70 game for free.
The most attractive offer currently is the "Starter Bundle" appearing at Target and GameStop, which pairs the 12GB RAM, backward-compatible console with a choice of 2025 hits. Given that the Switch 2's backward compatibility was a major selling point upon release, these bundles are the perfect jumping-on point for upgraders who want to carry their existing libraries forward while experiencing the new hardware's enhanced performance.
Record Lows on Top Games: AC Shadows and Space Marine 2
It's not just hardware; software prices are crashing this week. Two of the biggest graphical showcases of the last 18 months are seeing deep discounts. Assassin's Creed Shadows, which launched in March 2025, has hit the bargain bin price of $29.99 at most retailers. After nearly a year on the market, Ubisoft's feudal Japan epic is now fully patched and optimized, making this the perfect time to dive into Naoe and Yasuke’s dual storylines without paying the launch premium.
Similarly, Warhammer 40,000: Space Marine 2 is featuring heavily in cheap PS5 games February 2026 lists. Now priced around $35, the game's co-op operations mode is still thriving, and the graphical fidelity remains a benchmark for current-gen consoles. For those looking to fill their backlog with high-quality AAA experiences, these Best Buy Presidents' Day video games offers are unbeatable.
Xbox Series X Discounts Return
Not to be outdone, Microsoft has reinstated what many are calling Xbox Series X holiday discounts. The Series X is seeing a temporary price reduction to $449 bundled with Game Pass Ultimate trials. While the focus this week is heavily skewed toward Sony's aggressive $399 price point, the Series X remains the powerhouse alternative, especially for players invested in the Game Pass ecosystem.
Is Now the Time to Buy?
In the cycle of console generations, early 2026 is a sweet spot. The hardware kinks of the Switch 2 launch are resolved, the PS5 library is deep, and prices are finally reflecting the age of the silicon. Whether you are hunting for Amazon gaming console sales or just want a cheap copy of AC Shadows, this Presidents' Day event is substantially better than the lackluster sales we saw in January. If the Switch 2 bundle or the $399 PS5 Slim is on your wishlist, our advice is to pull the trigger before the inventory clears out later this week.
