diff --git a/Gemfile b/Gemfile
index 0586461d232..9597133eddb 100644
--- a/Gemfile
+++ b/Gemfile
@@ -3,7 +3,7 @@ source "https://rubygems.org"
 
 # Cocoapods 1.15 introduced a bug which break the build. We will remove the upper
 # bound in the template on Cocoapods with next React Native release.
-gem 'cocoapods', '>= 1.15.2', '< 1.16'
+gem 'cocoapods', '>= 1.16.2', '< 1.17'
 gem "fastlane"
 gem "xcpretty"
 
diff --git a/Gemfile.lock b/Gemfile.lock
index bf0bc99a034..56e38038769 100644
--- a/Gemfile.lock
+++ b/Gemfile.lock
@@ -5,7 +5,7 @@ GEM
       base64
       nkf
       rexml
-    activesupport (6.1.7.3)
+    activesupport (6.1.7.10)
       concurrent-ruby (~> 1.0, >= 1.0.2)
       i18n (>= 1.6, < 2)
       minitest (>= 5.1)
@@ -37,10 +37,10 @@ GEM
     babosa (1.0.4)
     base64 (0.2.0)
     claide (1.1.0)
-    cocoapods (1.15.2)
+    cocoapods (1.16.2)
       addressable (~> 2.8)
       claide (>= 1.0.2, < 2.0)
-      cocoapods-core (= 1.15.2)
+      cocoapods-core (= 1.16.2)
       cocoapods-deintegrate (>= 1.0.3, < 2.0)
       cocoapods-downloader (>= 2.1, < 3.0)
       cocoapods-plugins (>= 1.0.0, < 2.0)
@@ -54,8 +54,8 @@ GEM
       molinillo (~> 0.8.0)
       nap (~> 1.0)
       ruby-macho (>= 2.3.0, < 3.0)
-      xcodeproj (>= 1.23.0, < 2.0)
-    cocoapods-core (1.15.2)
+      xcodeproj (>= 1.27.0, < 2.0)
+    cocoapods-core (1.16.2)
       activesupport (>= 5.0, < 8)
       addressable (~> 2.8)
       algoliasearch (~> 1.0)
@@ -78,7 +78,7 @@ GEM
     colored2 (3.1.2)
     commander (4.6.0)
       highline (~> 2.0.0)
-    concurrent-ruby (1.2.2)
+    concurrent-ruby (1.3.4)
     declarative (0.0.20)
     digest-crc (0.6.5)
       rake (>= 12.0.0, < 14.0.0)
@@ -162,7 +162,9 @@ GEM
     fastlane-plugin-emerge (0.10.4)
       faraday (~> 1.1)
     fastlane-plugin-versioning (0.6.0)
-    ffi (1.15.5)
+    ffi (1.17.0)
+    ffi (1.17.0-arm64-darwin)
+    ffi (1.17.0-x86_64-darwin)
     fourflusher (2.3.1)
     fuzzy_match (2.0.4)
     gh_inspector (1.1.3)
@@ -206,19 +208,19 @@ GEM
     http-cookie (1.0.7)
       domain_name (~> 0.5)
     httpclient (2.8.3)
-    i18n (1.14.1)
+    i18n (1.14.6)
       concurrent-ruby (~> 1.0)
     jmespath (1.6.2)
-    json (2.7.2)
+    json (2.9.0)
     jwt (2.8.2)
       base64
     mini_magick (4.13.2)
     mini_mime (1.1.5)
-    minitest (5.18.0)
+    minitest (5.25.4)
     molinillo (0.8.0)
     multi_json (1.15.0)
     multipart-post (2.4.1)
-    nanaimo (0.3.0)
+    nanaimo (0.4.0)
     nap (1.1.0)
     naturally (2.2.1)
     netrc (0.11.0)
@@ -233,7 +235,7 @@ GEM
       trailblazer-option (>= 0.1.1, < 0.2.0)
       uber (< 0.2.0)
     retriable (3.1.2)
-    rexml (3.3.7)
+    rexml (3.3.9)
     rouge (2.0.7)
     ruby-macho (2.5.1)
     ruby2_keywords (0.0.5)
@@ -255,25 +257,25 @@ GEM
     tty-screen (0.8.2)
     tty-spinner (0.9.3)
       tty-cursor (~> 0.7)
-    typhoeus (1.4.0)
+    typhoeus (1.4.1)
       ethon (>= 0.9.0)
     tzinfo (2.0.6)
       concurrent-ruby (~> 1.0)
     uber (0.1.0)
     unicode-display_width (2.5.0)
     word_wrap (1.0.0)
-    xcodeproj (1.25.0)
+    xcodeproj (1.27.0)
       CFPropertyList (>= 2.3.3, < 4.0)
       atomos (~> 0.1.3)
       claide (>= 1.0.2, < 2.0)
       colored2 (~> 3.1)
-      nanaimo (~> 0.3.0)
-      rexml (>= 3.3.2, < 4.0)
+      nanaimo (~> 0.4.0)
+      rexml (>= 3.3.6, < 4.0)
     xcpretty (0.3.0)
       rouge (~> 2.0.7)
     xcpretty-travis-formatter (1.0.1)
       xcpretty (~> 0.2, >= 0.0.7)
-    zeitwerk (2.6.8)
+    zeitwerk (2.7.1)
 
 PLATFORMS
   ruby
@@ -282,7 +284,7 @@ PLATFORMS
   universal-darwin-21
 
 DEPENDENCIES
-  cocoapods (>= 1.15.2, < 1.16)
+  cocoapods (>= 1.16.2, < 1.17)
   fastlane
   fastlane-plugin-emerge
   fastlane-plugin-versioning