diff --git a/utils/docker-compose/Makefile b/utils/docker-compose/Makefile
index 87d1538e0..8f549f81c 100644
--- a/utils/docker-compose/Makefile
+++ b/utils/docker-compose/Makefile
@@ -1,14 +1,14 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=compose
-PKG_VERSION:=2.3.3
+PKG_VERSION:=2.3.4
 PKG_RELEASE:=$(AUTORELEASE)
 PKG_LICENSE:=Apache-2.0
 PKG_LICENSE_FILES:=LICENSE
 
 PKG_SOURCE:=v$(PKG_VERSION).tar.gz
 PKG_SOURCE_URL:=https://codeload.github.com/docker/compose/tar.gz/v${PKG_VERSION}?
-PKG_HASH:=bcca033859abfbb0949c4455725e5b01593f217f0b32b1d7f861c75c0b69f285
+PKG_HASH:=10657bbca710b7bfe7e17f259a4ab6cf69b890e7ac4b3bfc2444ef3086bd89cb
 
 PKG_MAINTAINER:=Javier Marcet <javier@marcet.info>