diff --git a/package/libuv/libuv.hash b/package/libuv/libuv.hash
index 1fd286d9e9..2ca8f64a80 100644
--- a/package/libuv/libuv.hash
+++ b/package/libuv/libuv.hash
@@ -1,4 +1,4 @@
 # Locally calculated
-sha256  94f101111ef3209340d7f09c2aa150ddb4feabd2f9d87d47d9f5bded835b8094  libuv-v1.46.0-dist.tar.gz
+sha256  c593139feb9061699fdd2f7fde47bb6c1ca77761ae9ec04f052083f1ef46c13b  libuv-v1.48.0-dist.tar.gz
 sha256  16de0c32b265cb7d46a6d3bd614f259dd4d693a5e26b3407b04aae8d73041f0c  LICENSE
 sha256  262c44bd2cdba037e6d2a82fba15f5800d292bc993a6f5d6b6ea487744d02836  LICENSE-extra
diff --git a/package/libuv/libuv.mk b/package/libuv/libuv.mk
index 76316484e4..5f96e98a98 100644
--- a/package/libuv/libuv.mk
+++ b/package/libuv/libuv.mk
@@ -6,7 +6,7 @@
 
 # When bumping libuv, check if a new version of uvw is available
 # and bump it too.
-LIBUV_VERSION = 1.46.0
+LIBUV_VERSION = 1.48.0
 LIBUV_SOURCE = libuv-v$(LIBUV_VERSION)-dist.tar.gz
 LIBUV_SITE = https://dist.libuv.org/dist/v$(LIBUV_VERSION)
 LIBUV_DEPENDENCIES = host-pkgconf