diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 3949cb5ad0a..0b5085d7bdc 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-	".": "2.33.0"
+	".": "2.34.0"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 97216646d66..1337ef29695 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [2.34.0](https://github.com/microsoftgraph/msgraph-sdk-php/compare/v2.33.0...v2.34.0) (2025-05-13)
+
+
+### Features
+
+* **generation:** update request builders and models ([79b74a3](https://github.com/microsoftgraph/msgraph-sdk-php/commit/79b74a3f4ddf2485cf9fee2da1b50b1a63ceabd9))
+
 ## [2.33.0](https://github.com/microsoftgraph/msgraph-sdk-php/compare/v2.32.0...v2.33.0) (2025-05-07)
 
 
diff --git a/README.md b/README.md
index 15b83328601..0ffc69ca24b 100644
--- a/README.md
+++ b/README.md
@@ -11,7 +11,7 @@ You can install the PHP SDK with Composer by editing your `composer.json` file:
 {
     "require": {
         // x-release-please-start-version
-        "microsoft/microsoft-graph": "^2.33.0"
+        "microsoft/microsoft-graph": "^2.34.0"
         // x-release-please-end
     }
 }
diff --git a/src/GraphConstants.php b/src/GraphConstants.php
index d250ce46c2c..66b7aa84fee 100644
--- a/src/GraphConstants.php
+++ b/src/GraphConstants.php
@@ -20,6 +20,6 @@ final class GraphConstants
 {
     const API_VERSION = "v1.0";
     // x-release-please-start-version
-    const SDK_VERSION = "2.33.0";
+    const SDK_VERSION = "2.34.0";
     // x-release-please-end
 }