diff --git a/compute_endpoint/globus_compute_endpoint/version.py b/compute_endpoint/globus_compute_endpoint/version.py
index a45d7313b..52a98c808 100644
--- a/compute_endpoint/globus_compute_endpoint/version.py
+++ b/compute_endpoint/globus_compute_endpoint/version.py
@@ -1,6 +1,6 @@
 # single source of truth for package version,
 # see https://packaging.python.org/en/latest/single_source_version/
-__version__ = "2.27.0"
+__version__ = "2.27.1"
 
 # TODO: remove after a `globus-compute-sdk` release
 # this is needed because it's imported by `globus-compute-sdk` to do the version check
diff --git a/compute_sdk/globus_compute_sdk/version.py b/compute_sdk/globus_compute_sdk/version.py
index 569b2bef6..585096b02 100644
--- a/compute_sdk/globus_compute_sdk/version.py
+++ b/compute_sdk/globus_compute_sdk/version.py
@@ -3,7 +3,7 @@
 
 # single source of truth for package version,
 # see https://packaging.python.org/en/latest/single_source_version/
-__version__ = "2.27.0"
+__version__ = "2.27.1"
 
 
 def compare_versions(
diff --git a/docs/changelog.rst b/docs/changelog.rst
index 58fbfd0ba..a80269867 100644
--- a/docs/changelog.rst
+++ b/docs/changelog.rst
@@ -3,6 +3,16 @@ Changelog
 
 .. scriv-insert-here
 
+.. _changelog-2.27.1:
+
+globus-compute-sdk & globus-compute-endpoint v2.27.1
+----------------------------------------------------
+
+Bug Fixes
+^^^^^^^^^
+
+- Set upper bound for ``pyzmq`` dependency to ``v26.1.0`` to avoid bug with ``libzmq`` installation.
+
 .. _changelog-2.27.0:
 
 globus-compute-sdk & globus-compute-endpoint v2.27.0