diff --git a/lerna.json b/lerna.json
index 805a5b514c1ce..3aa8531b8bb44 100644
--- a/lerna.json
+++ b/lerna.json
@@ -16,5 +16,5 @@
       "registry": "https://registry.npmjs.org/"
     }
   },
-  "version": "12.0.11-canary.21"
+  "version": "12.1.0"
 }
diff --git a/packages/create-next-app/package.json b/packages/create-next-app/package.json
index dc7e00b0a1359..4e57156340a9b 100644
--- a/packages/create-next-app/package.json
+++ b/packages/create-next-app/package.json
@@ -1,6 +1,6 @@
 {
   "name": "create-next-app",
-  "version": "12.0.11-canary.21",
+  "version": "12.1.0",
   "keywords": [
     "react",
     "next",
diff --git a/packages/eslint-config-next/package.json b/packages/eslint-config-next/package.json
index abf2b3e1e3806..c141e9f35c9d9 100644
--- a/packages/eslint-config-next/package.json
+++ b/packages/eslint-config-next/package.json
@@ -1,6 +1,6 @@
 {
   "name": "eslint-config-next",
-  "version": "12.0.11-canary.21",
+  "version": "12.1.0",
   "description": "ESLint configuration used by NextJS.",
   "main": "index.js",
   "license": "MIT",
@@ -9,7 +9,7 @@
     "directory": "packages/eslint-config-next"
   },
   "dependencies": {
-    "@next/eslint-plugin-next": "12.0.11-canary.21",
+    "@next/eslint-plugin-next": "12.1.0",
     "@rushstack/eslint-patch": "^1.0.8",
     "@typescript-eslint/parser": "^5.0.0",
     "eslint-import-resolver-node": "^0.3.4",
diff --git a/packages/eslint-plugin-next/package.json b/packages/eslint-plugin-next/package.json
index a04f62e191fe3..16f5abeb55cba 100644
--- a/packages/eslint-plugin-next/package.json
+++ b/packages/eslint-plugin-next/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@next/eslint-plugin-next",
-  "version": "12.0.11-canary.21",
+  "version": "12.1.0",
   "description": "ESLint plugin for NextJS.",
   "main": "lib/index.js",
   "license": "MIT",
diff --git a/packages/next-bundle-analyzer/package.json b/packages/next-bundle-analyzer/package.json
index 54ced3d633c5e..90bd9a3bccf26 100644
--- a/packages/next-bundle-analyzer/package.json
+++ b/packages/next-bundle-analyzer/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@next/bundle-analyzer",
-  "version": "12.0.11-canary.21",
+  "version": "12.1.0",
   "main": "index.js",
   "license": "MIT",
   "repository": {
diff --git a/packages/next-codemod/package.json b/packages/next-codemod/package.json
index 6b134e6ae1d9e..25b85d8f7df4e 100644
--- a/packages/next-codemod/package.json
+++ b/packages/next-codemod/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@next/codemod",
-  "version": "12.0.11-canary.21",
+  "version": "12.1.0",
   "license": "MIT",
   "dependencies": {
     "chalk": "4.1.0",
diff --git a/packages/next-env/package.json b/packages/next-env/package.json
index 2530b0d232ec9..42a1b5c61c382 100644
--- a/packages/next-env/package.json
+++ b/packages/next-env/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@next/env",
-  "version": "12.0.11-canary.21",
+  "version": "12.1.0",
   "keywords": [
     "react",
     "next",
diff --git a/packages/next-mdx/package.json b/packages/next-mdx/package.json
index 8173e639bcb87..06c4c6b95eb71 100644
--- a/packages/next-mdx/package.json
+++ b/packages/next-mdx/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@next/mdx",
-  "version": "12.0.11-canary.21",
+  "version": "12.1.0",
   "main": "index.js",
   "license": "MIT",
   "repository": {
diff --git a/packages/next-plugin-storybook/package.json b/packages/next-plugin-storybook/package.json
index 8953a5c3f1e85..2fedae0f986f9 100644
--- a/packages/next-plugin-storybook/package.json
+++ b/packages/next-plugin-storybook/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@next/plugin-storybook",
-  "version": "12.0.11-canary.21",
+  "version": "12.1.0",
   "repository": {
     "url": "vercel/next.js",
     "directory": "packages/next-plugin-storybook"
diff --git a/packages/next-polyfill-module/package.json b/packages/next-polyfill-module/package.json
index f4a725c4d3706..9f6788d25e1b4 100644
--- a/packages/next-polyfill-module/package.json
+++ b/packages/next-polyfill-module/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@next/polyfill-module",
-  "version": "12.0.11-canary.21",
+  "version": "12.1.0",
   "description": "A standard library polyfill for ES Modules supporting browsers (Edge 16+, Firefox 60+, Chrome 61+, Safari 10.1+)",
   "main": "dist/polyfill-module.js",
   "license": "MIT",
diff --git a/packages/next-polyfill-nomodule/package.json b/packages/next-polyfill-nomodule/package.json
index 9a7d51d3096a7..3882f7dc5d818 100644
--- a/packages/next-polyfill-nomodule/package.json
+++ b/packages/next-polyfill-nomodule/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@next/polyfill-nomodule",
-  "version": "12.0.11-canary.21",
+  "version": "12.1.0",
   "description": "A polyfill for non-dead, nomodule browsers.",
   "main": "dist/polyfill-nomodule.js",
   "license": "MIT",
diff --git a/packages/next-swc/package.json b/packages/next-swc/package.json
index b976e3fac5163..9f16469b86812 100644
--- a/packages/next-swc/package.json
+++ b/packages/next-swc/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@next/swc",
-  "version": "12.0.11-canary.21",
+  "version": "12.1.0",
   "private": true,
   "scripts": {
     "build-native": "napi build --platform --cargo-name next_swc_napi native",
diff --git a/packages/next/package.json b/packages/next/package.json
index f77f1a7da137d..316aee06f97a5 100644
--- a/packages/next/package.json
+++ b/packages/next/package.json
@@ -1,6 +1,6 @@
 {
   "name": "next",
-  "version": "12.0.11-canary.21",
+  "version": "12.1.0",
   "description": "The React Framework",
   "main": "./dist/server/next.js",
   "license": "MIT",
@@ -69,7 +69,7 @@
     ]
   },
   "dependencies": {
-    "@next/env": "12.0.11-canary.21",
+    "@next/env": "12.1.0",
     "caniuse-lite": "^1.0.30001283",
     "postcss": "8.4.5",
     "styled-jsx": "5.0.0",
@@ -117,11 +117,11 @@
     "@hapi/accept": "5.0.2",
     "@napi-rs/cli": "1.2.1",
     "@napi-rs/triples": "1.0.3",
-    "@next/polyfill-module": "12.0.11-canary.21",
-    "@next/polyfill-nomodule": "12.0.11-canary.21",
-    "@next/react-dev-overlay": "12.0.11-canary.21",
-    "@next/react-refresh-utils": "12.0.11-canary.21",
-    "@next/swc": "12.0.11-canary.21",
+    "@next/polyfill-module": "12.1.0",
+    "@next/polyfill-nomodule": "12.1.0",
+    "@next/react-dev-overlay": "12.1.0",
+    "@next/react-refresh-utils": "12.1.0",
+    "@next/swc": "12.1.0",
     "@peculiar/webcrypto": "1.1.7",
     "@taskr/clear": "1.1.0",
     "@taskr/esnext": "1.1.0",
diff --git a/packages/react-dev-overlay/package.json b/packages/react-dev-overlay/package.json
index 2cd10559dbd50..a1d512c8a6f70 100644
--- a/packages/react-dev-overlay/package.json
+++ b/packages/react-dev-overlay/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@next/react-dev-overlay",
-  "version": "12.0.11-canary.21",
+  "version": "12.1.0",
   "description": "A development-only overlay for developing React applications.",
   "repository": {
     "url": "vercel/next.js",
diff --git a/packages/react-refresh-utils/package.json b/packages/react-refresh-utils/package.json
index b765c2725a3ff..f797514e1ac9a 100644
--- a/packages/react-refresh-utils/package.json
+++ b/packages/react-refresh-utils/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@next/react-refresh-utils",
-  "version": "12.0.11-canary.21",
+  "version": "12.1.0",
   "description": "An experimental package providing utilities for React Refresh.",
   "repository": {
     "url": "vercel/next.js",