Analysts expect the Steam Machine price to be around $1200 after the sharp price increase of the Steam Deck

The recent price bump for the Steam Deck OLED has prompted analysts to rethink what a future Valve console might cost — some now peg the entry-level Steam Machine near est. $1,200.

Valve attributed its own price changes to higher costs for RAM, storage drives, and logistics. In some markets that translated into OLED SKUs costing more than $200 extra once converted to local currency (a nontrivial jump for buyers).

Circana’s Matt Piscatella flagged the Deck move as a possible signal for Valve’s next box. He says the base Steam Machine “now looks like” approx. $1,200, while also stressing how unstable the situation is; component prices keep shifting, so the final MSRP could land above or below that figure. Shortages — esp. for memory and drives — are squeezing nearly every maker of gaming hardware right now.

Chris Dring of The Game Business voiced a similar worry: rising parts costs don’t stop at Valve. The knock-on effects could push up prices across consoles and PCs, raise the cost of handhelds, and slow how quickly manufacturers refresh hardware generations.

Valve hasn’t set a price for the Steam Machine yet. The company has only said it should be on par with modern gaming PCs, which, after the Deck’s increase and the broader components crunch, leaves many analysts wondering whether the new system will easily clear the psychological >$1,000 threshold.