diff --git a/docs/release-notes/version-3.0.md b/docs/release-notes/version-3.0.md
index 70a9a0dac81..8b0e99b4fca 100644
--- a/docs/release-notes/version-3.0.md
+++ b/docs/release-notes/version-3.0.md
@@ -10,6 +10,7 @@
 * [#7534](https://github.com/netbox-community/netbox/issues/7534) - Avoid exception when utilizing "create and add another" twice in succession
 * [#7544](https://github.com/netbox-community/netbox/issues/7544) - Fix multi-value filtering of custom field objects
 * [#7545](https://github.com/netbox-community/netbox/issues/7545) - Fix incorrect display of update/delete events for webhooks
+* [#7556](https://github.com/netbox-community/netbox/issues/7556) - Fix display of New Version
 
 ---
 
diff --git a/netbox/netbox/views/__init__.py b/netbox/netbox/views/__init__.py
index 3568204fef7..2c033e76019 100644
--- a/netbox/netbox/views/__init__.py
+++ b/netbox/netbox/views/__init__.py
@@ -137,7 +137,7 @@ def build_stats():
                 release_version, release_url = latest_release
                 if release_version > version.parse(settings.VERSION):
                     new_release = {
-                        'version': str(latest_release),
+                        'version': str(release_version),
                         'url': release_url,
                     }