diff --git a/VERSION b/VERSION
index ca452642f..b964911a6 100644
--- a/VERSION
+++ b/VERSION
@@ -20,4 +20,4 @@
 #
 # Lines starting with "#" and blank lines are ignored.
 
-v1.5.0
+v1.5.1
diff --git a/docs/sources/_index.md b/docs/sources/_index.md
index c10a9dac4..53869bc10 100644
--- a/docs/sources/_index.md
+++ b/docs/sources/_index.md
@@ -4,7 +4,7 @@ title: Grafana Alloy
 description: Grafana Alloy is a a vendor-neutral distribution of the OTel Collector
 weight: 350
 cascade:
-  ALLOY_RELEASE: v1.5.0
+  ALLOY_RELEASE: v1.5.1
   OTEL_VERSION: v0.112.0
   PROM_WIN_EXP_VERSION: v0.27.3
   SNMP_VERSION: v0.26.0