diff --git a/packages/create-turbo/package.json b/packages/create-turbo/package.json
index 621134afee511..67eda155f6b25 100644
--- a/packages/create-turbo/package.json
+++ b/packages/create-turbo/package.json
@@ -1,6 +1,6 @@
 {
   "name": "create-turbo",
-  "version": "1.11.4-canary.4",
+  "version": "1.12.0",
   "description": "Create a new Turborepo",
   "homepage": "https://turbo.build/repo",
   "license": "MPL-2.0",
diff --git a/packages/eslint-config-turbo/package.json b/packages/eslint-config-turbo/package.json
index 63c056abd1afd..d30feb54d3763 100644
--- a/packages/eslint-config-turbo/package.json
+++ b/packages/eslint-config-turbo/package.json
@@ -1,6 +1,6 @@
 {
   "name": "eslint-config-turbo",
-  "version": "1.11.4-canary.4",
+  "version": "1.12.0",
   "description": "ESLint config for Turborepo",
   "repository": {
     "type": "git",
diff --git a/packages/eslint-plugin-turbo/package.json b/packages/eslint-plugin-turbo/package.json
index afb11457f323c..93f542aa7a46b 100644
--- a/packages/eslint-plugin-turbo/package.json
+++ b/packages/eslint-plugin-turbo/package.json
@@ -1,6 +1,6 @@
 {
   "name": "eslint-plugin-turbo",
-  "version": "1.11.4-canary.4",
+  "version": "1.12.0",
   "description": "ESLint plugin for Turborepo",
   "keywords": [
     "turbo",
diff --git a/packages/turbo-codemod/package.json b/packages/turbo-codemod/package.json
index 7162bbd1438c5..4fb6ff2ee4eec 100644
--- a/packages/turbo-codemod/package.json
+++ b/packages/turbo-codemod/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@turbo/codemod",
-  "version": "1.11.4-canary.4",
+  "version": "1.12.0",
   "description": "Provides Codemod transformations to help upgrade your Turborepo codebase when a feature is deprecated.",
   "homepage": "https://turbo.build/repo",
   "license": "MPL-2.0",
diff --git a/packages/turbo-gen/package.json b/packages/turbo-gen/package.json
index 249182bec7e4a..5140fa29fef0a 100644
--- a/packages/turbo-gen/package.json
+++ b/packages/turbo-gen/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@turbo/gen",
-  "version": "1.11.4-canary.4",
+  "version": "1.12.0",
   "description": "Extend a Turborepo",
   "homepage": "https://turbo.build/repo",
   "license": "MPL-2.0",
diff --git a/packages/turbo-ignore/package.json b/packages/turbo-ignore/package.json
index 9b61cc5741aa0..4de9ad40bd87b 100644
--- a/packages/turbo-ignore/package.json
+++ b/packages/turbo-ignore/package.json
@@ -1,6 +1,6 @@
 {
   "name": "turbo-ignore",
-  "version": "1.11.4-canary.4",
+  "version": "1.12.0",
   "description": "",
   "homepage": "https://turbo.build/repo",
   "keywords": [],
diff --git a/packages/turbo-types/package.json b/packages/turbo-types/package.json
index b920931b76b93..f11de3eba0c69 100644
--- a/packages/turbo-types/package.json
+++ b/packages/turbo-types/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@turbo/types",
-  "version": "1.11.4-canary.4",
+  "version": "1.12.0",
   "description": "Turborepo types",
   "homepage": "https://turbo.build/repo",
   "license": "MPL-2.0",
diff --git a/packages/turbo-workspaces/package.json b/packages/turbo-workspaces/package.json
index 930c483b41d61..aa47a71dd19c0 100644
--- a/packages/turbo-workspaces/package.json
+++ b/packages/turbo-workspaces/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@turbo/workspaces",
-  "version": "1.11.4-canary.4",
+  "version": "1.12.0",
   "description": "Tools for working with package managers",
   "homepage": "https://turbo.build/repo",
   "license": "MPL-2.0",
diff --git a/packages/turbo/package.json b/packages/turbo/package.json
index 5ad4a94f925ee..dd1fd167576f8 100644
--- a/packages/turbo/package.json
+++ b/packages/turbo/package.json
@@ -1,6 +1,6 @@
 {
   "name": "turbo",
-  "version": "1.11.4-canary.4",
+  "version": "1.12.0",
   "description": "Turborepo is a high-performance build system for JavaScript and TypeScript codebases.",
   "repository": "https://github.com/vercel/turbo",
   "bugs": "https://github.com/vercel/turbo/issues",
@@ -17,11 +17,11 @@
     "bin"
   ],
   "optionalDependencies": {
-    "turbo-darwin-64": "1.11.4-canary.4",
-    "turbo-darwin-arm64": "1.11.4-canary.4",
-    "turbo-linux-64": "1.11.4-canary.4",
-    "turbo-linux-arm64": "1.11.4-canary.4",
-    "turbo-windows-64": "1.11.4-canary.4",
-    "turbo-windows-arm64": "1.11.4-canary.4"
+    "turbo-darwin-64": "1.12.0",
+    "turbo-darwin-arm64": "1.12.0",
+    "turbo-linux-64": "1.12.0",
+    "turbo-linux-arm64": "1.12.0",
+    "turbo-windows-64": "1.12.0",
+    "turbo-windows-arm64": "1.12.0"
   }
 }
diff --git a/version.txt b/version.txt
index 82a8e0a953f63..7a5fd4202f226 100644
--- a/version.txt
+++ b/version.txt
@@ -1,2 +1,2 @@
-1.11.4-canary.4
-canary
+1.12.0
+latest