diff --git a/src/Microsoft.Graph/Microsoft.Graph.Beta.csproj b/src/Microsoft.Graph/Microsoft.Graph.Beta.csproj
index 6b2acf13710..e0a5218f2bb 100644
--- a/src/Microsoft.Graph/Microsoft.Graph.Beta.csproj
+++ b/src/Microsoft.Graph/Microsoft.Graph.Beta.csproj
@@ -25,7 +25,7 @@
 - Latest metadata updates from 24th January 2023 snapshot   
     </PackageReleaseNotes>
     <!-- edit this value to change the current major.minor.patch version -->
-    <VersionPrefix>4.70.0</VersionPrefix>
+    <VersionPrefix>4.71.0</VersionPrefix>
     <!-- adds a version suffix if the Prerelease environment variable is set. BUILD_BUILDID is an
     environment variable set by Azure pipelines from the build. We can use the buildid to correlate
     which commit was used to generate the preview build. -->