diff --git a/package.json b/package.json
index 2271cb3ac67e4..fcca0bed9bb15 100644
--- a/package.json
+++ b/package.json
@@ -182,7 +182,7 @@
     "license-webpack-plugin": "^4.0.2",
     "loader-utils": "1.2.3",
     "memfs": "^3.0.1",
-    "metro-resolver": "^0.71.0",
+    "metro-resolver": "^0.71.1",
     "mime": "2.4.4",
     "mini-css-extract-plugin": "~2.4.7",
     "minimatch": "3.0.5",
diff --git a/packages/react-native/migrations.json b/packages/react-native/migrations.json
index 98785887ac896..5b5e1dd73f4f4 100644
--- a/packages/react-native/migrations.json
+++ b/packages/react-native/migrations.json
@@ -642,6 +642,39 @@
           "alwaysAddToPackageJson": false
         }
       }
+    },
+    "14.2.5": {
+      "version": "14.2.5-beta.0",
+      "packages": {
+        "react-native-config": {
+          "version": "1.4.6",
+          "alwaysAddToPackageJson": false
+        },
+        "@react-native-async-storage/async-storage": {
+          "version": "1.17.6",
+          "alwaysAddToPackageJson": false
+        },
+        "metro": {
+          "version": "0.71.1",
+          "alwaysAddToPackageJson": false
+        },
+        "metro-resolver": {
+          "version": "0.71.1",
+          "alwaysAddToPackageJson": false
+        },
+        "metro-babel-register": {
+          "version": "0.71.1",
+          "alwaysAddToPackageJson": false
+        },
+        "metro-config": {
+          "version": "0.71.1",
+          "alwaysAddToPackageJson": false
+        },
+        "metro-react-native-babel-preset": {
+          "version": "0.71.1",
+          "alwaysAddToPackageJson": false
+        }
+      }
     }
   }
 }
diff --git a/packages/react-native/package.json b/packages/react-native/package.json
index d069d9e05a64d..25dc0e745929c 100644
--- a/packages/react-native/package.json
+++ b/packages/react-native/package.json
@@ -35,7 +35,7 @@
     "enhanced-resolve": "^5.8.3",
     "fs-extra": "^10.1.0",
     "ignore": "^5.0.4",
-    "metro-resolver": "^0.71.0",
+    "metro-resolver": "^0.71.1",
     "node-fetch": "^2.6.7",
     "tsconfig-paths": "^3.9.0"
   },
diff --git a/packages/react-native/src/utils/versions.ts b/packages/react-native/src/utils/versions.ts
index 12e47a73c9bd0..e654f463646ef 100644
--- a/packages/react-native/src/utils/versions.ts
+++ b/packages/react-native/src/utils/versions.ts
@@ -5,14 +5,14 @@ export const typesReactNativeVersion = '0.67.8';
 
 export const typesNodeVersion = '16.11.7';
 
-export const metroVersion = '0.71.0';
+export const metroVersion = '0.71.1';
 
 export const reactNativeCommunityCli = '7.0.3';
 export const reactNativeCommunityCliIos = '7.0.1';
 export const reactNativeCommunityCliAndroid = '7.0.1';
 
-export const reactNativeConfigVersion = '1.4.5';
-export const reactNativeAsyncStorageAsyncStorageVersion = '1.17.5';
+export const reactNativeConfigVersion = '1.4.6';
+export const reactNativeAsyncStorageAsyncStorageVersion = '1.17.6';
 
 export const testingLibraryReactNativeVersion = '9.1.0';
 export const testingLibraryJestNativeVersion = '4.0.5';
diff --git a/yarn.lock b/yarn.lock
index 6c0de175b9623..6133892df4bb8 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -17516,10 +17516,10 @@ methods@~1.1.2:
   resolved "https://registry.yarnpkg.com/methods/-/methods-1.1.2.tgz#5529a4d67654134edcc5266656835b0f851afcee"
   integrity sha1-VSmk1nZUE07cxSZmVoNbD4Ua/O4=
 
-metro-resolver@^0.71.0:
-  version "0.71.0"
-  resolved "https://registry.yarnpkg.com/metro-resolver/-/metro-resolver-0.71.0.tgz#2eee9c04055fbb043b3a97d6fd7a27b221b8748c"
-  integrity sha512-VUc7+nPOb/pthwDNMsulAWu63QqRa6O7/hW8J/jXYXR7cnkjF1vV08KT+28smrvb/jEKS8Saqn08pcqF/uxkuQ==
+metro-resolver@^0.71.1:
+  version "0.71.1"
+  resolved "https://registry.yarnpkg.com/metro-resolver/-/metro-resolver-0.71.1.tgz#50fa4eabf1e2cd51e13967eeff7a3ec15f6bbd94"
+  integrity sha512-5pW5p/Kt54Z4YJ7s1VyxSbXOvU4ikjjIqD+2wkdzngTVm7pYxKQfauApe22ep7oxTFU55HeAwbjmjiM/ngFN2g==
   dependencies:
     absolute-path "^0.0.0"