diff --git a/pyproject.toml b/pyproject.toml
index f6e2cf867..615debea0 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "sentence-transformers"
-version = "3.4.0.dev0"
+version = "3.4.0"
 description = "State-of-the-Art Text Embeddings"
 license = { text = "Apache 2.0" }
 readme = "README.md"
diff --git a/sentence_transformers/__init__.py b/sentence_transformers/__init__.py
index 9a4e02323..76d9ccb93 100644
--- a/sentence_transformers/__init__.py
+++ b/sentence_transformers/__init__.py
@@ -1,6 +1,6 @@
 from __future__ import annotations
 
-__version__ = "3.4.0.dev0"
+__version__ = "3.4.0"
 __MODEL_HUB_ORGANIZATION__ = "sentence-transformers"
 
 import importlib