The 30-year-old comedian checked into a mental wellness facility in July and despite suggestions that he could soon resume his stand-up tour, he is determined to prioritise his mental health.
A source told Us Weekly: "Pete remains in his treatment program and would appreciate privacy at this time while he focuses on bettering his mental health."
Davidson previously decided to take some time out of his career in order to focus on his mental wellbeing.
The Saturday Night Live star chose to check into a facility, after performing more than 200 stand-up shows across the United States.
The actor - who has previously dated the likes of Kim Kardashian, Ariana Grande and Kate Beckinsale - underwent treatment for borderline personality disorder in 2023.
A source told PEOPLE at the time: "Pete will often check himself into rehab to work on these issues. His friends and family have been supportive during this time."
Davidson previously admitted that it feels "weird being happy".
He struggled with his mental health for years, and Davidson confessed that he "lived in discomfort for so long".
The actor said on the Real Ones With Jon Bernthal podcast: "The only thing you can control is who you have around you, what you put your energy in to, who loves you, and who you love back.
"It's a weird thing for me to even grasp now because I've lived in discomfort for so long where that became comfortable. So now I actually have people around me now that love me, and it's weird. That's a whole new thing I never thought of. It's weird being happy."
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