Years after the Blue Fairy granted his wish, Pinocchio (Tom Holland) is a real young man in a seaside town that still remembers him as “that wooden liar.” Determined to prove he’s changed, he promises Geppetto (Christoph Waltz) he’ll never lie again. But when a mysterious traveling show led by illusionist Aurora (Anya Taylor‑Joy) arrives, the village is swept up in dazzling tricks—and sinister disappearances.

As friends vanish and the town turns on Geppetto, the only way for Pinocchio to uncover the truth is to enter Aurora’s shifting carnival of mirrors, where every lie he ever told comes to life.

Each falsehood makes his old wooden nose grow back—only now, it can unlock doors, disarm traps… or betray him completely. Torn between the ugly truth and beautiful lies that could save the people he loves, Pinocchio must finally answer the question the Blue Fairy never asked: What kind of real boy do you want to be?