Read on to see who is set to perform at "SNL50: The Homecoming Concert," airing on Peacock at 8 p.m. ET/5 p.m. PT on Feb. 14. Peacock is owned by TODAY.com’s parent company, NBCUniversal.

The singer, known for hits like "When a Man Loves a Woman," shared the news on social media, thanking fans for their support.