Hmmm something tells me this is probably a failed hybrid

Agreed, but I'm surprised and also curious how they'll explain the presence of Xenomorph-like hybridization when the Alien DNA hasn't been discovered yet. Makes me think the series will allude to Weyland-Yutani and Prodigy Corporations having prior knowledge of the Xenomorph beyond what we originally thought after watching the films.

Anyone can be an anonymous source, if I said that they will do X in that series does that make me trustworthy? I doubt it. That picture is like a mix of a Xeno and the Newborn, it could be better and it could be worse.

At least its prettier than the newborn

Indeed Thoughts_Dreams, the source is questionable with no other way to validate their claims. However, I have yet to find a duplicate of this image anywhere else so far. So, for now it remains 50/50! 

It is way better than the Newborn design, though. So I wouldn't be mad at all if it proves to be legit.

I really like her lips and teeth, so yeah I wouldn't mind this hybrid design. The Newborn was just plain ol'nasty

Could be something like Blue from Into Charybdis. And that would be awesome.

The hybrid turned out to be a fan made creation

Do you have a link to the artist page? I'll update the article! 

I can't find the source...sigh. I guess they either deleted it or I must have imagined it

Oh wait I found it on a youtube channel https://www.youtube.com/watch?v=AqJC9m5394s

 Damn Forgot I can't edit my posts, the youtube link is from MR H Reviews titled: 

We Got Played - The Alien Series Leak Was Fake

Its a Interesting Design a NOD to the ALIEN 3 work that HR Giger had worked on (that was NEVER used) and so its Very Feminine.

While this is NOT a Legit Concept, it does seem the Xenomorph in the TV Series maybe could be more of a Lighter Color Scheme than the Grey-ish Color we have seen in the Majority of the Franchise.   And so it could be more like the RUNNER from ALIEN 3 in terms of Coloration.

Noah and his Team look to Re-Invent the Xenomorph to a Degree, while it wont look Aesthetically as FAR away from the Xenomorph than the Deacon, Neomorph and Newborn, i do think we will see MINOR Differences.

It seems the Xenomorph is Gestated from a Traditional Face Hugger, but the Embryo Stage is more Similar to Alien Covenant (Concepts/Unused Shots).  And so like in Alien Covenant it will be Born Fully Formed (like the Runner).

So the TV series is giving us a Praetomorph instead of a proper Xenomorph?

Little is known about the TV Series at the Moment.

We do know we will be seeing XENOMORPHS but it seems they are going to make some CHANGES but it seems they WONT be Steering too FAR from what we are USED TOO.

The Promotion Material we have seen so FAR we can Work out the Following.

*There will be Face Huggers that appear to look the same as those in the Alien Franchise (inc Alien Covenant).

*The Embryo Stage of the Xenomorph is the same as from Alien Covenant (it is not the Serpent like in ALIEN etc).  And so the Xenomorph will be Born (Chest Burst) looking like a Smaller Version of the Adult Stage.

*It seems  the Xenomorph will be Encountered/Discovered in some kind of Interior Space that has the Aesthetic of the Engineers Juggernauts as opposed to what we saw in ALIEN.

But we really dont have much Information on the Xenomorph apart from they WILL-NOT be revealed from the Start and so its likely we may have to wait 4+ Episodes as they wish to Introduce us to the OTHER ASPECTS of the TV Show.

When the Xenomorph will be Introduced it will be more Similar to that of ALIEN... but then we would get into seeing MORE of them when the TV Show will then give us BIG ACTION Sequences.

What CHANGES will be made to them is UNKNOWN but it seems they want to make SOME CHANGES.. i think the Xenomorph Aesthetic may STAY the Same... maybe they may SHOW something Regarding their Agenda/Purpose as in more DETAIL about the WAY they LIVE and SURVIVE and we could maybe see other means of PROCREATION and so i DONT think we will see any QUEENS.

Is there the Possibility of seeing some Alternative looking Xenomorphs like the OT Photo, and/or Hybrids?  I dont think we can RULE that out.