The Bold and the Beautiful What-to-Watch Moments, May 4: Dylan comes face-to-face with her mystery caller

Here are your spoilers for The Bold and the Beautiful episode, Monday, May 4, 2026, featuring the reveal of Dylan's mystery caller, and Liam's pivotal suggestion for Katie's next collection.

What's next on The Bold and the Beautiful

The Bold and the Beautiful's Dylan is being haunted | Image: CBS

Miss Dylan (Sydney Bullock) has had a dramatic life glow-up on The Bold and the Beautiful over the last several months. After resurfacing on the canvas and claiming responsibility for killing Luna (Lisa Yamada), Dylan went from living in her car to getting quite close with Will Spencer (Crew Morrow) and landing a dream job at Forrester Creations. However, Dylan might be on the verge of facing her most harrowing ordeal yet. If things are how they appear, it looks like Luna is back and out for revenge.

The official spoilers for Monday's all-new episode indicate that the identity of Dylan's mysterious caller is revealed. If it is Luna, Dylan has a lot of explaining to do. She did an entire tour across Los Angeles, telling anyone who'd listen that she was the driver behind the wheel of the car that struck and killed Luna. Was she lying this entire time? It's entirely plausible that Dylan took credit for something that she merely witnessed and wanted to use that information to give herself an in with Steffy (Jacqueline MacInnes Wood) and the rest of the Forresters. Luna has cheated death before, so if she is alive, Dylan is in more danger than ever before.

Liam's big idea

The Bold and the Beautiful's Liam Spencer | Image: CBS

Last week, Liam (Scott Clifton) suggested that Hope (Annika Noelle) jump ship from Forrester to Logan, joining her aunt Katie (Heather Tom) as the next face of the Logan fashion house. Naturally, Hope was apprehensive about her close relationship with Brooke (Katherine Kelly Lang), but she is also under-appreciated and underutilized in her current position. Hope pointed out that although she's passionate about her work, she's not a designer. However, it sounds like Liam is coming to the rescue yet again.

Liam puts his thinking cap back on for another bright idea this week, so expect Monday's episode to be a major moment for Katie and Logan. Spoilers tease that Liam has a solution for Katie's designer problem. With Liam pushing hard for Hope to join Logan, the logical solution would be for Katie to revisit the up-and-coming designer that she interviewed at Il Giardino. Deke (Harrison Cone) is just waiting for an opportunity to prove himself in the fashion industry, and working alongside his sister in a setting that treats them with respect is the best possible way to jumpstart his career.

Catch all-new episodes of The Bold and the Beautiful weekdays on CBS and Paramount Plus.