The 'Walk on Water' singer - who made a surprise appearance at the 2012 festival as a guest of Dr. Dre - and the 'Starboy' hitmaker are set to top the bill at the annual Californian music extravaganza alongside the former Destiny's Child star, industry insiders told Consequence of Sound.
The 'Formation' singer's headline status was previously confirmed when she pulled out of the 2017 event and was replaced by Lady GaGa after doctors suggested she cancel her performances while heavily pregnant with twins Rumi and Sir, now six months.
A statement released at the time said: ''Following the advice of her doctors to keep a less rigorous schedule in the coming months, Beyoncé has made the decision to forgo performing at the 2017 Coachella Valley Music & Arts Festival. However, Goldenvoice and Parkwood are pleased to confirm that she will be a headliner at the 2018 festival. Thank you for your understanding.''
The 19th Coachella will take place at the Empire Polo Club in Indio, California on April 13-15 and April 20-22.
An official line-up announcement is expected in early January, to coincide with tickets going on sale.
A spokesperson for the event hasn't commented on the rumoured headliners, but if the trio are correct, it will be the first time in the history of the festival there has not been a rock band topping the bill.
The Weeknd has previously performed twice at Coachella and was a surprise guest at the 2017 event, while Beyonce - who also has daughter Blue Ivy, five, with husband Jay-Z - has also made unannounced appearances at the festival twice before, in both 2010 and 2014.
Our all-time favourite Prodigy songs from their entire back catalogue.
In memory of Keith Flint, we look over at some of his iconic moments caught on camera.
If there was ever a reason for you to try something fresh and new then Poppy Ackroyd is surely it.
The New Zealand musician is a big fan of the Emerald Isle.
An exclusive interview with ambient folk artist Runah.
Are they in love or just incredible actors?
Pablo Honey was released on this day (February 22) in 1993.
There's half of a great satire here, as Seth Rogen, James Franco and Evan Goldberg...
This lively and engaging documentary may be set out like an informercial, but it teaches...
Hip hop has always been more of a culture than just a genre of music....