diff --git a/lib/gitlab/version.rb b/lib/gitlab/version.rb
index 4c703ce09..24a605cd7 100644
--- a/lib/gitlab/version.rb
+++ b/lib/gitlab/version.rb
@@ -1,5 +1,5 @@
 # frozen_string_literal: true
 
 module Gitlab
-  VERSION = '4.7.0'
+  VERSION = '4.8.0'
 end