diff --git a/.changeset/thin-oranges-lick.md b/.changeset/thin-oranges-lick.md
new file mode 100644
index 00000000000..320e04c90ed
--- /dev/null
+++ b/.changeset/thin-oranges-lick.md
@@ -0,0 +1,5 @@
+---
+"@primer/react": patch
+---
+
+v38: Move pointerbox to deprecated still maintaining the main export
diff --git a/packages/react/src/PointerBox/PointerBox.docs.json b/packages/react/src/PointerBox/PointerBox.docs.json
index 8bf1416c88a..09fccacc447 100644
--- a/packages/react/src/PointerBox/PointerBox.docs.json
+++ b/packages/react/src/PointerBox/PointerBox.docs.json
@@ -1,14 +1,10 @@
 {
   "id": "pointer_box",
   "name": "PointerBox",
-  "status": "alpha",
+  "status": "deprecated",
   "a11yReviewed": "2025-01-08",
-  "stories": [
-    {
-      "id": "components-pointerbox--default"
-    }
-  ],
-  "importPath": "@primer/react",
+  "stories": [],
+  "importPath": "@primer/react/deprecated",
   "props": [
     {
       "name": "bg",
diff --git a/packages/react/src/PointerBox/PointerBox.stories.tsx b/packages/react/src/PointerBox/PointerBox.stories.tsx
index 6f49bf839eb..bbaf0f4a218 100644
--- a/packages/react/src/PointerBox/PointerBox.stories.tsx
+++ b/packages/react/src/PointerBox/PointerBox.stories.tsx
@@ -3,7 +3,14 @@ import PointerBox from './PointerBox'
 import type {ComponentProps} from '../utils/types'
 
 export default {
-  title: 'Components/PointerBox',
+  title: 'Deprecated/Components/PointerBox',
+  parameters: {
+    docs: {
+      description: {
+        component: 'PointerBox is deprecated and will be removed in a future major release. Consider using Overlay.',
+      },
+    },
+  },
 } as Meta<typeof PointerBox>
 
 export const Default = () => <PointerBox>Pointer box content</PointerBox>
diff --git a/packages/react/src/PointerBox/PointerBox.test.tsx b/packages/react/src/PointerBox/PointerBox.test.tsx
index 133c1573384..b01dea90dca 100644
--- a/packages/react/src/PointerBox/PointerBox.test.tsx
+++ b/packages/react/src/PointerBox/PointerBox.test.tsx
@@ -1,6 +1,7 @@
 import {describe, expect, it} from 'vitest'
 import {render} from '@testing-library/react'
-import {PointerBox, ThemeProvider} from '..'
+import {ThemeProvider} from '..'
+import PointerBox from './PointerBox'
 import theme from '../theme'
 
 describe('PointerBox', () => {
diff --git a/packages/react/src/PointerBox/PointerBox.tsx b/packages/react/src/PointerBox/PointerBox.tsx
index 975b565a168..9d271566030 100644
--- a/packages/react/src/PointerBox/PointerBox.tsx
+++ b/packages/react/src/PointerBox/PointerBox.tsx
@@ -16,6 +16,10 @@ type MutatedSxProps = {
   }
 } & SxProp
 
+/**
+ * @deprecated PointerBox is deprecated and will be removed in a future major release.
+ * Consider using Overlay or Position + Box with a caret instead.
+ */
 export type PointerBoxProps = {
   caret?: CaretProps['location']
   bg?: CaretProps['bg']
@@ -24,6 +28,10 @@ export type PointerBoxProps = {
 } & BoxProps &
   MutatedSxProps
 
+/**
+ * @deprecated PointerBox is deprecated and will be removed in a future major release.
+ * Consider using Overlay or Position + Box with a caret instead.
+ */
 function PointerBox(props: PointerBoxProps) {
   // don't destructure these, just grab them
   const themeContext = React.useContext(ThemeContext)
diff --git a/packages/react/src/__tests__/__snapshots__/exports.test.ts.snap b/packages/react/src/__tests__/__snapshots__/exports.test.ts.snap
index 3250e135574..3ff8c7d56fb 100644
--- a/packages/react/src/__tests__/__snapshots__/exports.test.ts.snap
+++ b/packages/react/src/__tests__/__snapshots__/exports.test.ts.snap
@@ -236,6 +236,8 @@ exports[`@primer/react/deprecated > should not update exports without a semver c
   "type OcticonProps",
   "Pagehead",
   "type PageheadProps",
+  "PointerBox",
+  "type PointerBoxProps",
   "TabNav",
   "type TabNavLinkProps",
   "type TabNavProps",
diff --git a/packages/react/src/deprecated/index.ts b/packages/react/src/deprecated/index.ts
index c0df1270469..47da44fe93e 100644
--- a/packages/react/src/deprecated/index.ts
+++ b/packages/react/src/deprecated/index.ts
@@ -42,3 +42,7 @@ export type {TabNavProps, TabNavLinkProps} from '../TabNav'
 export {default as Tooltip} from '../Tooltip/Tooltip'
 export type {TooltipProps} from '../Tooltip/Tooltip'
 // end of v37.0.0
+
+// Deprecated in v38.0.0
+export {default as PointerBox} from '../PointerBox'
+export type {PointerBoxProps} from '../PointerBox'