diff --git a/.github/ISSUE_TEMPLATE/bug_report.yaml b/.github/ISSUE_TEMPLATE/bug_report.yaml
index 89cb0b88e..c5b45c31c 100644
--- a/.github/ISSUE_TEMPLATE/bug_report.yaml
+++ b/.github/ISSUE_TEMPLATE/bug_report.yaml
@@ -14,7 +14,7 @@ body:
     attributes:
       label: NetBox version
       description: What version of NetBox are you currently running?
-      placeholder: v3.4.1
+      placeholder: v3.4.2
     validations:
       required: true
   - type: dropdown
diff --git a/.github/ISSUE_TEMPLATE/feature_request.yaml b/.github/ISSUE_TEMPLATE/feature_request.yaml
index ed84ff821..54a7735c5 100644
--- a/.github/ISSUE_TEMPLATE/feature_request.yaml
+++ b/.github/ISSUE_TEMPLATE/feature_request.yaml
@@ -14,7 +14,7 @@ body:
     attributes:
       label: NetBox version
       description: What version of NetBox are you currently running?
-      placeholder: v3.4.1
+      placeholder: v3.4.2
     validations:
       required: true
   - type: dropdown
diff --git a/docs/release-notes/version-3.4.md b/docs/release-notes/version-3.4.md
index 94d67a36f..e8f3e2bba 100644
--- a/docs/release-notes/version-3.4.md
+++ b/docs/release-notes/version-3.4.md
@@ -1,6 +1,6 @@
 # NetBox v3.4
 
-## v3.4.2 (FUTURE)
+## v3.4.2 (2023-01-03)
 
 ### Enhancements
 
diff --git a/netbox/netbox/settings.py b/netbox/netbox/settings.py
index b4f4ac15d..0ad211416 100644
--- a/netbox/netbox/settings.py
+++ b/netbox/netbox/settings.py
@@ -24,7 +24,7 @@ from netbox.constants import RQ_QUEUE_DEFAULT, RQ_QUEUE_HIGH, RQ_QUEUE_LOW
 # Environment setup
 #
 
-VERSION = '3.4.2-dev'
+VERSION = '3.4.2'
 
 # Hostname
 HOSTNAME = platform.node()
diff --git a/requirements.txt b/requirements.txt
index 5a0e74669..7c2c129d5 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -1,5 +1,5 @@
 bleach==5.0.1
-Django==4.1.4
+Django==4.1.5
 django-cors-headers==3.13.0
 django-debug-toolbar==3.8.1
 django-filter==22.1
@@ -10,7 +10,7 @@ django-prometheus==2.2.0
 django-redis==5.2.0
 django-rich==1.4.0
 django-rq==2.6.0
-django-tables2==2.4.1
+django-tables2==2.5.0
 django-taggit==3.1.0
 django-timezone-field==5.0
 djangorestframework==3.14.0
@@ -22,10 +22,10 @@ Markdown==3.3.7
 mkdocs-material==8.5.11
 mkdocstrings[python-legacy]==0.19.1
 netaddr==0.8.0
-Pillow==9.3.0
+Pillow==9.4.0
 psycopg2-binary==2.9.5
 PyYAML==6.0
-sentry-sdk==1.11.1
+sentry-sdk==1.12.1
 social-auth-app-django==5.0.0
 social-auth-core[openidconnect]==4.3.0
 svgwrite==1.4.3