Jeremy of The Daily Rotation wrote, "Director Peter Jackson returns to Middle Earth with The Hobbit: An Unexpected Journey. Does Jackson’s telling of the tale written by J.R.R. Tolkien live up to the already established Lord of the Rings series? It does when it needs to, otherwise it’s an entirely different journey that features a much lighter tone, with equal amount of action and lengthy story. The Hobbit acts almost exactly like The Fellowship of the Ring, simply meaning it sets up the story for the next two films. It’s a little slow at the starting gate, but it’s not too long before you remember just why you trust Jackson so much with this prestigious piece of property."
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Despite the lack of updates from Marvel Studios and Disney, Shang-Chi star Simu Liu says the sequel to the successful 2021 movie is still happening.