diff --git a/parts/common/components.json b/parts/common/components.json
index a4bd42db9db..057289fd015 100644
--- a/parts/common/components.json
+++ b/parts/common/components.json
@@ -1057,7 +1057,7 @@
             "versionsV2": [
               {
                 "renovateTag": "name=moby-containerd, repository=production, os=ubuntu, release=24.04",
-                "latestVersion": "2.2.4-ubuntu24.04u2"
+                "latestVersion": "2.3.1-ubuntu24.04u2"
               }
             ]
           },