diff --git a/.circleci/config.yml b/.circleci/config.yml
index 63b6f58b66..bede3da0b9 100644
--- a/.circleci/config.yml
+++ b/.circleci/config.yml
@@ -52,7 +52,7 @@ executors:
   reactnativeios:
     <<: *defaults
     macos:
-      xcode: &_XCODE_VERSION "12.4.0"
+      xcode: &_XCODE_VERSION "12.5.0"
 
 # -------------------------
 #        COMMANDS
diff --git a/scripts/.tests.env b/scripts/.tests.env
index 207db18f46..2c833a8b45 100644
--- a/scripts/.tests.env
+++ b/scripts/.tests.env
@@ -24,7 +24,7 @@ export AVD_ABI=x86
 export ANDROID_DISABLE_AVD_TESTS=1
 
 ## IOS ##
-export IOS_TARGET_OS="14.4"
+export IOS_TARGET_OS="14.5"
 export IOS_DEVICE="iPhone 8"
 export SDK_IOS="iphonesimulator"