diff --git a/dependencies.props b/dependencies.props
index b9e00864b381..ef582763278b 100644
--- a/dependencies.props
+++ b/dependencies.props
@@ -18,7 +18,7 @@
     <StabilizePackageVersion Condition="'$(StabilizePackageVersion)' == ''">false</StabilizePackageVersion>
     <StableVersion Condition="'$(StabilizePackageVersion)' == 'true' and '$(StableVersion)' == ''">$(PackageVersion)</StableVersion>
 
-    <PreReleaseLabel>preview2</PreReleaseLabel>
+    <PreReleaseLabel>preview3</PreReleaseLabel>
   </PropertyGroup>
 
   <!-- Source of truth for dependency tooling: the commit hash of the dotnet/versions master branch as of the last auto-upgrade. -->