diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0606f18..b7ebbfd 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -12,6 +12,25 @@ follows:
    releases, and Linux kernel updates. They're also made to fix bugs and add
    features to the build infrastructure.
 
+## v1.27.0
+
+This is a major Buildroot update.
+
+Please see the [nerves_system_br v1.27.0 release notes](https://github.com/nerves-project/nerves_system_br/releases/tag/v1.26.0)
+for upgrade instructions if you've forked this system.
+
+* Changes
+  * The `libcamera` and `rpicam_apps` packages have been replaced with the
+    Raspberry Pi-forked versions for better compatibility. Please see
+    `nerves_system_br` release notes.
+  * Add back `CONFIG_RASPBERRYPI_GPIOMEM` to support the `dht` library.
+
+* Updated dependencies
+  * Linux 6.1.73 (Raspberry Pi 20240124 release)
+  * [nerves_system_br v1.27.0](https://github.com/nerves-project/nerves_system_br/releases/tag/v1.27.0)
+  * [Buildroot 2024.02](https://lore.kernel.org/buildroot/87msrczp4z.fsf@48ers.dk/)
+  * [Erlang/OTP 26.2.3](https://erlang.org/download/OTP-26.2.3.README)
+
 ## v1.26.0
 
 This is a major Buildroot update.
diff --git a/VERSION b/VERSION
index 5ff8c4f..5db08bf 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.26.0
+1.27.0