diff --git a/openstack/python-openstackclient/python-openstackclient.spec.j2 b/openstack/python-openstackclient/python-openstackclient.spec.j2
index 58d01d9c6..222b24e92 100644
--- a/openstack/python-openstackclient/python-openstackclient.spec.j2
+++ b/openstack/python-openstackclient/python-openstackclient.spec.j2
@@ -1,5 +1,5 @@
 {% set pypi_name = 'python-openstackclient' %}
-{% set upstream_version = upstream_version('5.3.1') %}
+{% set upstream_version = upstream_version('5.4.0') %}
 {% set rpm_release = '1' %}
 {% set source = url_pypi() %}