The "Applause" singer has appeared on the show a couple of times, participating in some super funny sketches alongside Madonna for one show and Justin Timberlake for another.
While neither NBC nor Gaga have officially commented on TVLine's reporting of the rumored takeover, Mother Monster did tweet a little tease that might have been hinting at the upcoming appearance.
"Planning away w the Haus our next APPLAUSE tv performance, i love it so much i can barely sleep. When i get excited about creative i feel 4!" she wrote.
We have to admit, we've been wanting to see Gaga in more SNL sketches since her first appearance on the show, but her last appearance with Justin Timberlake definitely left us wanting for more.
If you haven't seen it, or just want to watch it again because it's THAT funny, check out Gaga's "Liquorville" sketch.
Would you want to see Gaga host and perform on an episode of SNL?