diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 01dd81f9572..910bf1d6505 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-    ".": "5.128.0-preview"
+    ".": "5.129.0-preview"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1d07f4567f4..c7fc147c6aa 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,13 @@ The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 and this project does NOT adhere to [Semantic Versioning](https://semver.org/spec/v2.0.0.html) and packages shipped from the beta service library will always be in `preview` as changes to the API are for non production use and commonly ship breaking changes.
 
 
+## [5.129.0-preview](https://github.com/microsoftgraph/msgraph-beta-sdk-dotnet/compare/5.128.0-preview...5.129.0-preview) (2026-01-06)
+
+
+### Features
+
+* **generation:** update request builders and models ([fce11a7](https://github.com/microsoftgraph/msgraph-beta-sdk-dotnet/commit/fce11a7e111afd27b606b5789a0cc509f30dbccf))
+
 ## [5.128.0-preview](https://github.com/microsoftgraph/msgraph-beta-sdk-dotnet/compare/5.127.0-preview...5.128.0-preview) (2025-12-17)
 
 
diff --git a/src/Microsoft.Graph/Microsoft.Graph.Beta.csproj b/src/Microsoft.Graph/Microsoft.Graph.Beta.csproj
index 9cbfba8271b..a9f7158a952 100644
--- a/src/Microsoft.Graph/Microsoft.Graph.Beta.csproj
+++ b/src/Microsoft.Graph/Microsoft.Graph.Beta.csproj
@@ -27,7 +27,7 @@
     </PackageReleaseNotes>
     <!-- edit this value to change the current major.minor.patch version -->
     <!-- x-release-please-start-version -->
-    <Version>5.128.0-preview</Version>
+    <Version>5.129.0-preview</Version>
     <!-- x-release-please-end -->
     <!-- adds a version suffix if the Prerelease environment variable is set. BUILD_BUILDID is an
     environment variable set by Azure pipelines from the build. We can use the buildid to correlate