diff --git a/openpower/package/skiboot/Config.in b/openpower/package/skiboot/Config.in
index f767cd1b21..51fc075a41 100644
--- a/openpower/package/skiboot/Config.in
+++ b/openpower/package/skiboot/Config.in
@@ -31,7 +31,7 @@ config BR2_SKIBOOT_CUSTOM_VERSION_VALUE
 
 config BR2_SKIBOOT_VERSION
 	string
-	default "skiboot-5.3.7" if BR2_SKIBOOT_LATEST_VERSION
+	default "skiboot-5.4.0-rc3" if BR2_SKIBOOT_LATEST_VERSION
 	default BR2_SKIBOOT_CUSTOM_VERSION_VALUE \
 		if BR2_SKIBOOT_CUSTOM_VERSION