diff --git a/charts/argo-cd/Chart.yaml b/charts/argo-cd/Chart.yaml
index ff93b69d..5d12006a 100644
--- a/charts/argo-cd/Chart.yaml
+++ b/charts/argo-cd/Chart.yaml
@@ -3,7 +3,7 @@ appVersion: v2.14.2
 kubeVersion: ">=1.25.0-0"
 description: A Helm chart for Argo CD, a declarative, GitOps continuous delivery tool for Kubernetes.
 name: argo-cd
-version: 7.8.2
+version: 7.8.3
 home: https://github.com/argoproj/argo-helm
 icon: https://argo-cd.readthedocs.io/en/stable/assets/logo.png
 sources:
@@ -26,5 +26,5 @@ annotations:
     fingerprint: 2B8F22F57260EFA67BE1C5824B11F800CD9D2252
     url: https://argoproj.github.io/argo-helm/pgp_keys.asc
   artifacthub.io/changes: |
-    - kind: fixed
-      description: Create ServiceMonitor for dex only if dex is enabled
+    - kind: changed
+      description: Bump dex version to v2.42.0
diff --git a/charts/argo-cd/README.md b/charts/argo-cd/README.md
index f1140f1f..25760a5f 100644
--- a/charts/argo-cd/README.md
+++ b/charts/argo-cd/README.md
@@ -1170,7 +1170,7 @@ NAME: my-release
 | dex.extraContainers | list | `[]` | Additional containers to be added to the dex pod |
 | dex.image.imagePullPolicy | string | `""` (defaults to global.image.imagePullPolicy) | Dex imagePullPolicy |
 | dex.image.repository | string | `"ghcr.io/dexidp/dex"` | Dex image repository |
-| dex.image.tag | string | `"v2.41.1"` | Dex image tag |
+| dex.image.tag | string | `"v2.42.0"` | Dex image tag |
 | dex.imagePullSecrets | list | `[]` (defaults to global.imagePullSecrets) | Secrets with credentials to pull images from a private registry |
 | dex.initContainers | list | `[]` | Init containers to add to the dex pod |
 | dex.initImage.imagePullPolicy | string | `""` (defaults to global.image.imagePullPolicy) | Argo CD init image imagePullPolicy |
diff --git a/charts/argo-cd/values.yaml b/charts/argo-cd/values.yaml
index 93e480ad..f1213daf 100644
--- a/charts/argo-cd/values.yaml
+++ b/charts/argo-cd/values.yaml
@@ -1025,7 +1025,7 @@ dex:
     # -- Dex image repository
     repository: ghcr.io/dexidp/dex
     # -- Dex image tag
-    tag: v2.41.1
+    tag: v2.42.0
     # -- Dex imagePullPolicy
     # @default -- `""` (defaults to global.image.imagePullPolicy)
     imagePullPolicy: ""