diff --git a/src/bindings/python/CMakeLists.txt b/src/bindings/python/CMakeLists.txt
index 03f1bfc9bbb47e..0904df55e6dc04 100644
--- a/src/bindings/python/CMakeLists.txt
+++ b/src/bindings/python/CMakeLists.txt
@@ -339,7 +339,7 @@ if(ENABLE_PYTHON_PACKAGING)
                 SKIP_RPATH=ON
                 SETUPTOOLS_INSTALL_LIB=${ov_install_lib}
                 SETUPTOOLS_INSTALL_SCRIPTS=${ov_python_package_prefix}/bin
-                "${Python3_EXECUTABLE}" -m pip --python=/usr/bin/python3 install --verbose --ignore-requires-python --no-deps --no-compile --break-system-packages --target "${ov_python_package_prefix}" "${CMAKE_CURRENT_SOURCE_DIR}" 
+                "${Python3_EXECUTABLE}" -m pip --python=/usr/bin/python3 install --verbose --ignore-requires-python --no-deps --no-compile --break-system-packages --prefix "${ov_python_package_prefix}" "${CMAKE_CURRENT_SOURCE_DIR}" 
         WORKING_DIRECTORY "${CMAKE_CURRENT_BINARY_DIR}"
         DEPENDS ${ov_setup_py_deps}
         COMMENT "Create python package with ${openvino_meta_info_subdir} folder")