diff --git a/common/hugo/version_current.go b/common/hugo/version_current.go
index 439f9fe10c2..06602d7ea41 100644
--- a/common/hugo/version_current.go
+++ b/common/hugo/version_current.go
@@ -17,7 +17,7 @@ package hugo
 // This should be the only one.
 var CurrentVersion = Version{
 	Major:      0,
-	Minor:      127,
+	Minor:      128,
 	PatchLevel: 0,
-	Suffix:     "",
+	Suffix:     "-DEV",
 }
diff --git a/hugoreleaser.env b/hugoreleaser.env
index a7415983115..73efa762fb5 100644
--- a/hugoreleaser.env
+++ b/hugoreleaser.env
@@ -1,7 +1,8 @@
 # Release env. 
 # These will be replaced by script before release.
-HUGORELEASER_TAG=v0.126.3
-HUGORELEASER_COMMITISH=44f1edcb0647cdd6c59ba07530cec156f6622a77
+HUGORELEASER_TAG=v0.127.0
+HUGORELEASER_COMMITISH=74e0f3bd63c51f3c7a0f07a7c779eec9e922957e
+