diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5c1b5c25c..c95d40f79 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [4.47.0] - 2023-09-14
+
 ### Changed
 
 - Enable Opsgenie alerts for Shield.
@@ -2253,7 +2255,8 @@ This release was created on release-v3.5.x branch to fix release 3.6.0 see PR#99
 
 - First release.
 
-[Unreleased]: https://github.com/giantswarm/prometheus-meta-operator/compare/v4.46.0...HEAD
+[Unreleased]: https://github.com/giantswarm/prometheus-meta-operator/compare/v4.47.0...HEAD
+[4.47.0]: https://github.com/giantswarm/prometheus-meta-operator/compare/v4.46.0...v4.47.0
 [4.46.0]: https://github.com/giantswarm/prometheus-meta-operator/compare/v4.45.1...v4.46.0
 [4.45.1]: https://github.com/giantswarm/prometheus-meta-operator/compare/v4.45.0...v4.45.1
 [4.45.0]: https://github.com/giantswarm/prometheus-meta-operator/compare/v4.44.0...v4.45.0
diff --git a/helm/prometheus-meta-operator/values.yaml b/helm/prometheus-meta-operator/values.yaml
index 05f63df40..4a60213aa 100644
--- a/helm/prometheus-meta-operator/values.yaml
+++ b/helm/prometheus-meta-operator/values.yaml
@@ -19,7 +19,7 @@ alertmanager:
     apiURL: ""
   storage:
     size: 1Gi
-  version: "v0.25.0"
+  version: "v0.26.0"
 
 certificate:
   monitoring:
diff --git a/main.go b/main.go
index ce34b1feb..90e31cf07 100644
--- a/main.go
+++ b/main.go
@@ -133,7 +133,7 @@ func mainE(ctx context.Context) error {
 	daemonCommand.PersistentFlags().String(f.Service.Prometheus.Retention.Duration, "2w", "Retention duration for prometheus.")
 	daemonCommand.PersistentFlags().String(f.Service.Prometheus.ScrapeInterval, "60s", "Default scrape interval for prometheus jobs.")
 	daemonCommand.PersistentFlags().String(f.Service.Prometheus.ImageRepository, "giantswarm/prometheus", "Prometheus container image repository.")
-	daemonCommand.PersistentFlags().String(f.Service.Prometheus.Version, "v2.43.0", "Prometheus container image version.")
+	daemonCommand.PersistentFlags().String(f.Service.Prometheus.Version, "v2.47.0", "Prometheus container image version.")
 
 	daemonCommand.PersistentFlags().String(f.Service.Provider.Kind, "", "Provider of the installation. One of aws, azure, kvm.")
 	daemonCommand.PersistentFlags().String(f.Service.Provider.Flavor, "", "Provider flavor. One of capi or vintage.")
diff --git a/pkg/project/project.go b/pkg/project/project.go
index fb2f2ced8..14f308241 100644
--- a/pkg/project/project.go
+++ b/pkg/project/project.go
@@ -5,7 +5,7 @@ var (
 	gitSHA      = "n/a"
 	name        = "prometheus-meta-operator"
 	source      = "https://github.com/giantswarm/prometheus-meta-operator"
-	version     = "4.46.1-dev"
+	version     = "4.47.0"
 )
 
 func Description() string {