diff --git a/package.json b/package.json
index 122d8785..ad90da47 100644
--- a/package.json
+++ b/package.json
@@ -42,11 +42,11 @@
     "@testing-library/react": "^12.1.1",
     "husky": "9.1.6",
     "prop-types": "15.8.1",
-    "react": "17.0.2",
-    "react-dom": "17.0.2",
+    "react": "18.3.1",
+    "react-dom": "18.3.1",
     "react-redux": "7.2.9",
     "react-router-dom": "6.27.0",
-    "react-test-renderer": "17.0.2",
+    "react-test-renderer": "18.3.1",
     "reactifex": "1.1.1",
     "redux": "4.2.1"
   },
@@ -63,7 +63,7 @@
   "peerDependencies": {
     "@edx/frontend-platform": "^7.0.0 || ^8.0.0",
     "prop-types": "^15.7.0",
-    "react": "^16.9.0 || ^17.0.0",
-    "react-dom": "^16.9.0 || ^17.0.0"
+    "react": "^16.9.0 || ^17.0.0 || ^18.0.0",
+    "react-dom": "^16.9.0 || ^17.0.0 || ^18.0.0"
   }
 }