diff --git a/Makefile b/Makefile
index 0ad7ec6a9..0f25093f3 100644
--- a/Makefile
+++ b/Makefile
@@ -16,7 +16,7 @@ HELM_VERSION := v3.16.1
 KUBECTL_VERSION := v1.31.1
 KUSTOMIZE_VERSION := v5.4.3
 OPERATOR_SDK_VERSION := v1.31.0
-PIPENV_VERSION := 2024.0.3
+PIPENV_VERSION := 2024.1.0
 YQ_VERSION := v4.44.3
 
 #