diff --git a/package/libuv/libuv.hash b/package/libuv/libuv.hash
index e49822ad0d..923cd1cb37 100644
--- a/package/libuv/libuv.hash
+++ b/package/libuv/libuv.hash
@@ -1,3 +1,3 @@
 # Locally calculated
-sha256  2c36b49bcf82c0d06ab0d77f98805605efa071d58ca29dee7c790912598b005d  libuv-1.34.0.tar.gz
+sha256  e3e0105c9b26e181e0547607cb6893462beb0c652674c3795766b2e5555288b3  libuv-1.34.1.tar.gz
 sha256  6d20216ae022fbeed23916f48508fd807ece3d8464992330643b0e64e5c0c24b  LICENSE
diff --git a/package/libuv/libuv.mk b/package/libuv/libuv.mk
index 4865c54551..d7160d1e0a 100644
--- a/package/libuv/libuv.mk
+++ b/package/libuv/libuv.mk
@@ -6,7 +6,7 @@
 
 # When bumping libuv, check if a new version of uvw is available
 # and bump it too.
-LIBUV_VERSION = 1.34.0
+LIBUV_VERSION = 1.34.1
 LIBUV_SITE = $(call github,libuv,libuv,v$(LIBUV_VERSION))
 LIBUV_DEPENDENCIES = host-pkgconf
 LIBUV_INSTALL_STAGING = YES