This Wednesday on The Bold and the Beautiful, the drama hits a fever pitch as secrets simmer, dangerous plans take root, and the Forrester family finds itself at a breaking point. The week ahead is anything but ordinary—it’s a volatile mix of emotional goodbyes, twisted obsession, and a shocking power shift that threatens to split the Forrester legacy in two.

The episode opens with Brooke Logan doing what she does best—planning something grand. With Hope finally ready to move forward from the heartbreak of her past, Brooke throws herself into organizing the engagement celebration of the year. Carter Walton’s proposal to Hope has set the wheels in motion, and Brooke isn’t letting anything hold her back from creating a night full of glitz, hope, and second chances. Ridge is skeptical, but Brooke’s relentless enthusiasm bulldozes every doubt. She’s determined this party will be the reset button for everyone involved.

But dark clouds loom just beyond the glitter. Unknown to most, Steffy Forrester is hiding a heartbreaking truth. While she’s made a surprising effort to reconcile with Hope, her motives aren’t pure. It’s not forgiveness that drives her—it’s guilt. Liam Spencer, slowly fading from a terminal illness, has confided in Steffy and sworn her to secrecy. His days are numbered, and he wants to disappear without causing pain, especially to his daughters. Steffy bears the emotional weight of Liam’s plan, knowing that Hope’s happiness with Carter may be the only comfort left when Liam’s gone.

Meanwhile, danger brews in another corner of Los Angeles. Luna Nozawa—once a bright, ambitious young woman—has descended into something far more disturbing. Her obsession with Will Spencer has twisted her into someone almost unrecognizable. Despite warnings from her infamous grandmother Sheila Carter, Luna refuses to back down. She sends Will a provocative message, trying to provoke a reaction, but only ends up tightening the noose around herself.

Will, unsettled by Luna’s erratic behavior, turns to Katie Logan for guidance. While Katie urges caution, Will’s growing concern lies with someone else: Electra Forrester. Luna’s fixation seems to be shifting—and dangerously so. That fear becomes reality when Luna violently confronts Electra in a scene filled with rage and accusations. Sheila intervenes just in time to stop it from escalating further, but the damage is done.

Realizing the threat Luna now poses, Sheila urges her granddaughter to leave town. She offers her shelter, resources, even a clean slate. But Luna refuses. Her hatred has found a new target: Steffy Forrester. In Luna’s eyes, Steffy stands in the way of everything she wants—Finn’s loyalty, her grandmother’s trust, even Will’s admiration. And now, Luna is no longer content to fantasize—she’s planning to act.

What makes Luna’s plan even more chilling is the fact that she’s armed. She’s already obtained a gun, hidden it carefully, and is scouting the perfect moment to strike. The engagement party for Hope and Carter could provide the distraction she needs—but Luna may prefer something more isolated and quiet. Ridge, growing increasingly suspicious of Luna’s behavior, starts voicing his concerns. First to Brooke, then to Finn. He senses the threat even if he doesn’t yet understand it.

Finn, already burdened by Liam’s failing health and emotional goodbyes, now finds himself stepping into a more urgent role—that of protector. He realizes that Luna’s behavior has crossed a line. She isn’t just troubled—she’s a genuine danger. The woman he loves, Steffy, is in the crosshairs, and time is running out.

In a surprising twist, Sheila Carter—long known for her own violent past—may become the last line of defense. When Luna admits she plans to go after Steffy with a gun, Sheila is horrified. She draws a hard line and tells Luna that hurting Steffy is unacceptable—not just morally, but because Steffy is the heart of Finn’s world. But Luna’s descent into madness is complete. She pushes past Sheila, leaving behind any final shred of control.

As the engagement party nears, the tension reaches a boiling point. Brooke is in full celebration mode, oblivious to the lurking threat. Ridge remains on edge. Hope, despite the joy around her, can’t stop glancing at the empty seat where Liam should be. Carter is happily unaware of the storm brewing beneath the surface. And Luna… Luna is getting closer.

Steffy begins to feel it, too—that eerie sensation of being watched. Security tightens. The family grows more alert. But it might not be enough. Luna’s mind is made up. She wants to leave a mark so devastating that the entire Forrester dynasty trembles.

But just when everything seems ready to detonate, one final, unexpected piece enters the puzzle: Liam Spencer. Despite his failing health, Liam may not be ready to fade into the background just yet. Could he sacrifice himself to save Steffy? Could he intervene in Luna’s plan at the last moment? Or could it be Sheila—once a villain, now trying to stop the next one—who steps in to rewrite her legacy?

Elsewhere, Eric Forrester drops a bombshell of his own. In a moment of clarity and vision, he announces his retirement—not from family, but from the company that has defined the Forrester name. And his choice of successor sends shockwaves through the family. Not Ridge. Not Steffy. Not Thomas. Not even Hope. Eric passes the torch to his youngest grandson, R.J. Forrester.

Calling him a bridge between heritage and innovation, Eric appoints R.J. as CEO of Forrester NextG, the division meant to usher the brand into a bold digital future. Augmented reality, wearable tech, NFTs—R.J. is poised to lead the charge. The room goes still. Steffy’s pride crumbles. She has fought for the company through scandals and chaos—and now she’s being passed over for a tech-savvy rookie.

But Steffy doesn’t quit. She strikes back by minting Forrester’s couture archives into NFTs, launching a wave of interest from collectors and celebrities. Meanwhile, R.J. responds by unveiling the Forester weddingverse—a revolutionary virtual experience that changes bridal couture forever.

As the business feud intensifies, so does the personal danger. Luna is still out there. The party is about to begin. And before the night is over, someone may not walk away. The question is: who will make the ultimate sacrifice? And who won’t survive the chaos that’s about to erupt?