diff --git a/CHANGELOG.md b/CHANGELOG.md
index b12680b69e40..451f0a90063a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,4 +1,4 @@
-## 1.8.0 (Unreleased)
+## 1.8.0-rc2 (April 4, 2024)
 
 If you are upgrading from Terraform v1.7 or earlier, please refer to
 [the Terraform v1.8 Upgrade Guide](https://developer.hashicorp.com/terraform/language/v1.8.x/upgrade-guides).
diff --git a/version/VERSION b/version/VERSION
index 27f9cd322bb9..e0645eb76f9a 100644
--- a/version/VERSION
+++ b/version/VERSION
@@ -1 +1 @@
-1.8.0
+1.8.0-rc2