diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1fb89bb61840..6e9423bc2e9d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,8 +7,8 @@ This document contains a historical list of changes between releases. Only
 changes that impact end-user behavior are listed; changes to documentation or
 internal API changes are not present.
 
-Main (unreleased)
------------------
+v0.34.0-rc.0 (2023-06-01)
+-------------------------
 
 ### Breaking changes
 
diff --git a/docs/sources/operator/deploy-agent-operator-resources.md b/docs/sources/operator/deploy-agent-operator-resources.md
index 9a7607f8a5eb..3c8f061feea3 100644
--- a/docs/sources/operator/deploy-agent-operator-resources.md
+++ b/docs/sources/operator/deploy-agent-operator-resources.md
@@ -53,12 +53,12 @@ To deploy the `GrafanaAgent` resource:
       labels:
         app: grafana-agent
     spec:
-      image: grafana/agent:v0.33.2
+      image: grafana/agent:v0.34.0-rc.0
       integrations:
         selector:
           matchLabels:
               agent: grafana-agent-integrations
-      image: grafana/agent:v0.33.2
+      image: grafana/agent:v0.34.0-rc.0
       logLevel: info
       serviceAccountName: grafana-agent
       metrics:
diff --git a/docs/sources/operator/getting-started.md b/docs/sources/operator/getting-started.md
index c38627f5206b..4d629614e6cf 100644
--- a/docs/sources/operator/getting-started.md
+++ b/docs/sources/operator/getting-started.md
@@ -73,7 +73,7 @@ To install Agent Operator:
           serviceAccountName: grafana-agent-operator
           containers:
           - name: operator
-            image: grafana/agent-operator:v0.33.2
+            image: grafana/agent-operator:v0.34.0-rc.0
             args:
             - --kubelet-service=default/kubelet
     ---
diff --git a/docs/sources/static/configuration/integrations/node-exporter-config.md b/docs/sources/static/configuration/integrations/node-exporter-config.md
index b5268a16e1a0..4bd61ba6e483 100644
--- a/docs/sources/static/configuration/integrations/node-exporter-config.md
+++ b/docs/sources/static/configuration/integrations/node-exporter-config.md
@@ -28,7 +28,7 @@ docker run \
   -v "/proc:/host/proc:ro,rslave" \
   -v /tmp/agent:/etc/agent \
   -v /path/to/config.yaml:/etc/agent-config/agent.yaml \
-  grafana/agent:v0.33.2 \
+  grafana/agent:v0.34.0-rc.0 \
   --config.file=/etc/agent-config/agent.yaml
 ```
 
@@ -67,7 +67,7 @@ metadata:
   name: agent
 spec:
   containers:
-  - image: grafana/agent:v0.33.2
+  - image: grafana/agent:v0.34.0-rc.0
     name: agent
     args:
     - --config.file=/etc/agent-config/agent.yaml
diff --git a/docs/sources/static/configuration/integrations/process-exporter-config.md b/docs/sources/static/configuration/integrations/process-exporter-config.md
index 9bb70f13081e..899ea8509699 100644
--- a/docs/sources/static/configuration/integrations/process-exporter-config.md
+++ b/docs/sources/static/configuration/integrations/process-exporter-config.md
@@ -20,7 +20,7 @@ docker run \
   -v "/proc:/proc:ro" \
   -v /tmp/agent:/etc/agent \
   -v /path/to/config.yaml:/etc/agent-config/agent.yaml \
-  grafana/agent:v0.33.2 \
+  grafana/agent:v0.34.0-rc.0 \
   --config.file=/etc/agent-config/agent.yaml
 ```
 
@@ -37,7 +37,7 @@ metadata:
   name: agent
 spec:
   containers:
-  - image: grafana/agent:v0.33.2
+  - image: grafana/agent:v0.34.0-rc.0
     name: agent
     args:
     - --config.file=/etc/agent-config/agent.yaml
diff --git a/docs/sources/static/set-up/install-agent-docker.md b/docs/sources/static/set-up/install-agent-docker.md
index 5fdc96740835..bbf08d1fa8ef 100644
--- a/docs/sources/static/set-up/install-agent-docker.md
+++ b/docs/sources/static/set-up/install-agent-docker.md
@@ -29,7 +29,7 @@ Grafana Agent is available as a Docker container image on the following platform
    docker run \
      -v WAL_DATA_DIRECTORY:/etc/agent/data \
      -v CONFIG_FILE_PATH:/etc/agent/agent.yaml \
-     grafana/agent:v0.33.2
+     grafana/agent:v0.34.0-rc.0
    ```
    
    - Replace `CONFIG_FILE_PATH` with the configuration file path on your Linux host system.
@@ -47,7 +47,7 @@ Grafana Agent is available as a Docker container image on the following platform
    docker run ^
      -v WAL_DATA_DIRECTORY:c:\etc\grafana-agent\data ^
      -v CONFIG_FILE_PATH:c:\etc\grafana-agent ^
-     grafana/agent:v0.33.2-windows
+     grafana/agent:v0.34.0-rc.0-windows
    ```
 
    - Replace `CONFIG_FILE_PATH` with the configuration file path on your Windows host system.
diff --git a/pkg/operator/defaults.go b/pkg/operator/defaults.go
index dcc7cb6859ee..cc3d52dd2acb 100644
--- a/pkg/operator/defaults.go
+++ b/pkg/operator/defaults.go
@@ -2,7 +2,7 @@ package operator
 
 // Supported versions of the Grafana Agent.
 var (
-	DefaultAgentVersion   = "v0.33.2"
+	DefaultAgentVersion   = "v0.34.0-rc.0"
 	DefaultAgentBaseImage = "grafana/agent"
 	DefaultAgentImage     = DefaultAgentBaseImage + ":" + DefaultAgentVersion
 )
diff --git a/production/kubernetes/agent-bare.yaml b/production/kubernetes/agent-bare.yaml
index 87610a402c2d..1ef51afb7f27 100644
--- a/production/kubernetes/agent-bare.yaml
+++ b/production/kubernetes/agent-bare.yaml
@@ -83,7 +83,7 @@ spec:
           valueFrom:
             fieldRef:
               fieldPath: spec.nodeName
-        image: grafana/agent:v0.33.2
+        image: grafana/agent:v0.34.0-rc.0
         imagePullPolicy: IfNotPresent
         name: grafana-agent
         ports:
diff --git a/production/kubernetes/agent-loki.yaml b/production/kubernetes/agent-loki.yaml
index 91557474df9f..054db621a1a2 100644
--- a/production/kubernetes/agent-loki.yaml
+++ b/production/kubernetes/agent-loki.yaml
@@ -65,7 +65,7 @@ spec:
           valueFrom:
             fieldRef:
               fieldPath: spec.nodeName
-        image: grafana/agent:v0.33.2
+        image: grafana/agent:v0.34.0-rc.0
         imagePullPolicy: IfNotPresent
         name: grafana-agent-logs
         ports:
diff --git a/production/kubernetes/agent-traces.yaml b/production/kubernetes/agent-traces.yaml
index 50dbea3dd86d..fff6632aa0d1 100644
--- a/production/kubernetes/agent-traces.yaml
+++ b/production/kubernetes/agent-traces.yaml
@@ -114,7 +114,7 @@ spec:
           valueFrom:
             fieldRef:
               fieldPath: spec.nodeName
-        image: grafana/agent:v0.33.2
+        image: grafana/agent:v0.34.0-rc.0
         imagePullPolicy: IfNotPresent
         name: grafana-agent-traces
         ports:
diff --git a/production/kubernetes/build/lib/version.libsonnet b/production/kubernetes/build/lib/version.libsonnet
index baf68f255e7f..1ffafbe8b287 100644
--- a/production/kubernetes/build/lib/version.libsonnet
+++ b/production/kubernetes/build/lib/version.libsonnet
@@ -1 +1 @@
-'grafana/agent:v0.33.2'
+'grafana/agent:v0.34.0-rc.0'
diff --git a/production/kubernetes/build/templates/operator/main.jsonnet b/production/kubernetes/build/templates/operator/main.jsonnet
index 4d59c58dc0bf..1f91f779d910 100644
--- a/production/kubernetes/build/templates/operator/main.jsonnet
+++ b/production/kubernetes/build/templates/operator/main.jsonnet
@@ -23,8 +23,8 @@ local ksm = import 'kube-state-metrics/kube-state-metrics.libsonnet';
   local this = self,
 
   _images:: {
-    agent: 'grafana/agent:v0.33.2',
-    agent_operator: 'grafana/agent-operator:v0.33.2',
+    agent: 'grafana/agent:v0.34.0-rc.0',
+    agent_operator: 'grafana/agent-operator:v0.34.0-rc.0',
     ksm: 'registry.k8s.io/kube-state-metrics/kube-state-metrics:v2.5.0',
   },
 
diff --git a/production/kubernetes/install-bare.sh b/production/kubernetes/install-bare.sh
index c1b9a91f77e1..1c1108db1da2 100644
--- a/production/kubernetes/install-bare.sh
+++ b/production/kubernetes/install-bare.sh
@@ -25,7 +25,7 @@ check_installed() {
 check_installed curl
 check_installed envsubst
 
-MANIFEST_BRANCH=v0.33.2
+MANIFEST_BRANCH=v0.34.0-rc.0
 MANIFEST_URL=${MANIFEST_URL:-https://raw.githubusercontent.com/grafana/agent/${MANIFEST_BRANCH}/production/kubernetes/agent-bare.yaml}
 NAMESPACE=${NAMESPACE:-default}
 
diff --git a/production/operator/templates/agent-operator.yaml b/production/operator/templates/agent-operator.yaml
index 3f226e785f68..f07b73c7f663 100644
--- a/production/operator/templates/agent-operator.yaml
+++ b/production/operator/templates/agent-operator.yaml
@@ -372,7 +372,7 @@ spec:
       containers:
       - args:
         - --kubelet-service=default/kubelet
-        image: grafana/agent-operator:v0.33.2
+        image: grafana/agent-operator:v0.34.0-rc.0
         imagePullPolicy: IfNotPresent
         name: grafana-agent-operator
       serviceAccount: grafana-agent-operator
@@ -436,7 +436,7 @@ metadata:
   name: grafana-agent
   namespace: ${NAMESPACE}
 spec:
-  image: grafana/agent:v0.33.2
+  image: grafana/agent:v0.34.0-rc.0
   integrations:
     selector:
       matchLabels:
diff --git a/production/tanka/grafana-agent/v1/main.libsonnet b/production/tanka/grafana-agent/v1/main.libsonnet
index 1f2cd982899c..97eb424f60ce 100644
--- a/production/tanka/grafana-agent/v1/main.libsonnet
+++ b/production/tanka/grafana-agent/v1/main.libsonnet
@@ -15,8 +15,8 @@ local service = k.core.v1.service;
 (import './lib/traces.libsonnet') +
 {
   _images:: {
-    agent: 'grafana/agent:v0.33.2',
-    agentctl: 'grafana/agentctl:v0.33.2',
+    agent: 'grafana/agent:v0.34.0-rc.0',
+    agentctl: 'grafana/agentctl:v0.34.0-rc.0',
   },
 
   // new creates a new DaemonSet deployment of the grafana-agent. By default,
diff --git a/production/tanka/grafana-agent/v2/internal/base.libsonnet b/production/tanka/grafana-agent/v2/internal/base.libsonnet
index 68d499602bea..de4192ffe81f 100644
--- a/production/tanka/grafana-agent/v2/internal/base.libsonnet
+++ b/production/tanka/grafana-agent/v2/internal/base.libsonnet
@@ -11,8 +11,8 @@ function(name='grafana-agent', namespace='') {
   local this = self,
 
   _images:: {
-    agent: 'grafana/agent:v0.33.2',
-    agentctl: 'grafana/agentctl:v0.33.2',
+    agent: 'grafana/agent:v0.34.0-rc.0',
+    agentctl: 'grafana/agentctl:v0.34.0-rc.0',
   },
   _config:: {
     name: name,
diff --git a/production/tanka/grafana-agent/v2/internal/syncer.libsonnet b/production/tanka/grafana-agent/v2/internal/syncer.libsonnet
index 9ba4e4a203df..43d204b14ddf 100644
--- a/production/tanka/grafana-agent/v2/internal/syncer.libsonnet
+++ b/production/tanka/grafana-agent/v2/internal/syncer.libsonnet
@@ -14,7 +14,7 @@ function(
 ) {
   local _config = {
     api: error 'api must be set',
-    image: 'grafana/agentctl:v0.33.2',
+    image: 'grafana/agentctl:v0.34.0-rc.0',
     schedule: '*/5 * * * *',
     configs: [],
   } + config,