Amy Pascal (Producer) was interviewed by Fandango, she confirmed that Venom 2 was in development and would be produced (according to Wikipedia, the release date is October 2nd 2020).
When the crew of the Enterprise is called back home, they find an unstoppable force of terror from within their own organisation…..
A young boy learns that he has extraordinary powers and is not of this Earth. As a young man, he journeys to discover where he came from and what he was sent here to do. But the hero in him must emerge if he is to save the world from annihilation and become the symbol of hope for all mankind. — (C) Warner Bros