Giuliana and Bill Rancic's Baby Shower Reveal: Are They Having a Boy or a Girl?!

E! host and hubby Bill Rancic divulged the sex of their baby to family and friends this afternoon

The sex of Giuliana and Bill Rancic's baby has been revealed!

The E! News host and her husband of nearly five years hosted family and friends at a baby shower in Los Angeles this afternoon—and while the guests enjoyed yummy treats and good times were had by all, the main event was the moment when the over-the-moon couple told everyone whether they are expecting a boy or a girl at summer's end.

So, blue or pink, what do you think?!

No need to keep 'em guessing any longer—Giuliana and Bill are having a son!

"We are beyond excited to be having a little boy," says Bill.

"We are so ready for everything that comes with being a new mom and dad!" adds Giuliana. "We just can't wait!"

So, now that we know that baby Rancic will be a boy, next up is wishing the little one safe passage into this world—and a happy homecoming to the nursery the proud parents just may be painting blue right this minute.

Giuliana and Bill revealed in April that they were expecting a baby together via gestational surrogate.

"We're so thrilled that it finally happened for us," said the mom-to-be.

"At the end of the day, whether you have a baby naturally, through adoption, through surrogacy, it's your baby. You're going to love that baby and that's all that matters," Giuliana had said on the Today show, just a few weeks before they confirmed that their child was on the way.

It's no wonder she couldn't stop smiling.

WATCH: Go to myStyle.com to see the moment Giuliana and Bill found out they are having a boy!