That would be the iPhone SE (2nd generation). It originally shipped with iOS 13.4, and it can run iOS 26 – which means that it has received six major iOS updates.
While Apple has not announced their future plans for this iPhone, many other iPhone models only got five major updates before hitting "the end of the line". In addition, this iPhone has 3 GB of RAM, and if I am not mistaken, every other iPhone that can run iOS 26 has at least 4 GB. (iPhones that can run Apple Intelligence have 8 GB.). Based on this, I would not expect it to receive iOS 27.
If iOS 26 is the last version of iOS that the iPhone SE (2nd generation) gets, I would expect it to continue getting security updates for at least a year or two after subsequent versions of iOS come out. Apple's pattern has been that new features are only for the current version of iOS, but that security patches are often for both the current version and recent versions.