diff --git a/package.json b/package.json
index b88efe7dd751f7..4b112ce44c927d 100644
--- a/package.json
+++ b/package.json
@@ -89,7 +89,7 @@
     "react": "17.0.2"
   },
   "dependencies": {
-    "@jest/create-cache-key-function": "^26.5.0",
+    "@jest/create-cache-key-function": "^27.0.0-next.1",
     "@react-native-community/cli": "^5.0.1-alpha.0",
     "@react-native-community/cli-platform-android": "^5.0.1-alpha.0",
     "@react-native-community/cli-platform-ios": "^5.0.1-alpha.0",
diff --git a/yarn.lock b/yarn.lock
index 1e38f9d06c6299..d3bcc2024bc5c2 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -827,12 +827,12 @@
     slash "^3.0.0"
     strip-ansi "^6.0.0"
 
-"@jest/create-cache-key-function@^26.5.0":
-  version "26.6.2"
-  resolved "https://registry.yarnpkg.com/@jest/create-cache-key-function/-/create-cache-key-function-26.6.2.tgz#04cf439207a4fd12418d8aee551cddc86f9ac5f5"
-  integrity sha512-LgEuqU1f/7WEIPYqwLPIvvHuc1sB6gMVbT6zWhin3txYUNYK/kGQrC1F2WR4gR34YlI9bBtViTm5z98RqVZAaw==
+"@jest/create-cache-key-function@^27.0.0-next.1":
+  version "27.0.0-next.1"
+  resolved "https://registry.yarnpkg.com/@jest/create-cache-key-function/-/create-cache-key-function-27.0.0-next.1.tgz#32dad36d2725025dca7616ec4fa27cf145883796"
+  integrity sha512-w/+iXybtNvjdUJ9fobL0WkgMrqBLh41NGBHSPgDf/FE3PqYt6zQBCNVWNJYCuHDHxJsc0nMsmn2uKAMjOSvyQA==
   dependencies:
-    "@jest/types" "^26.6.2"
+    "@jest/types" "^27.0.0-next.1"
 
 "@jest/environment@^26.6.2":
   version "26.6.2"
@@ -968,6 +968,17 @@
     "@types/yargs" "^15.0.0"
     chalk "^4.0.0"
 
+"@jest/types@^27.0.0-next.1":
+  version "27.0.0-next.1"
+  resolved "https://registry.yarnpkg.com/@jest/types/-/types-27.0.0-next.1.tgz#e194976623088495929f06467e64e669ab780e60"
+  integrity sha512-jlXg6eU9du4FO1HZ/A7idx7SLpBDxHja4E0DmDcWWe0DEYKIKlTvKfJwoK8Px3bJILqPdnmhMusmmcpXTkCRQQ==
+  dependencies:
+    "@types/istanbul-lib-coverage" "^2.0.0"
+    "@types/istanbul-reports" "^3.0.0"
+    "@types/node" "*"
+    "@types/yargs" "^15.0.0"
+    chalk "^4.0.0"
+
 "@react-native-community/cli-debugger-ui@^5.0.1-alpha.1":
   version "5.0.1-alpha.1"
   resolved "https://registry.yarnpkg.com/@react-native-community/cli-debugger-ui/-/cli-debugger-ui-5.0.1-alpha.1.tgz#09a856ccd2954cf16eea59b14dd26ae66720e4e6"