diff --git a/scripts/lib/install-node b/scripts/lib/install-node
index 92884253a3..4f3256823f 100755
--- a/scripts/lib/install-node
+++ b/scripts/lib/install-node
@@ -4,7 +4,7 @@ set -eo pipefail
 ZULIP_PATH="$(dirname "$0")/../.."
 ZULIP_SRV="/srv"
 YARN_PACKAGE_JSON="$ZULIP_SRV/zulip-yarn/package.json"
-node_version=14.16.1
+node_version=14.17.0
 yarn_version=1.22.10
 nvm_version=0.38.0
 
diff --git a/version.py b/version.py
index 6339a43566..b8e55ff5e7 100644
--- a/version.py
+++ b/version.py
@@ -48,4 +48,4 @@ API_FEATURE_LEVEL = 74
 #   historical commits sharing the same major version, in which case a
 #   minor version bump suffices.
 
-PROVISION_VERSION = "150.2"
+PROVISION_VERSION = "150.3"