diff --git a/dvc/version.py b/dvc/version.py
index 0f14fd2a9..82f858c92 100644
--- a/dvc/version.py
+++ b/dvc/version.py
@@ -6,7 +6,7 @@
 import os
 import subprocess
 
-_BASE_VERSION = "1.2.0"
+_BASE_VERSION = "1.2.1"
 
 
 def _generate_version(base_version):