diff --git a/pkgs/development/python-modules/hy/default.nix b/pkgs/development/python-modules/hy/default.nix
index 368f4b550f58..5e994c93ca33 100644
--- a/pkgs/development/python-modules/hy/default.nix
+++ b/pkgs/development/python-modules/hy/default.nix
@@ -14,14 +14,14 @@
 
 buildPythonPackage rec {
   pname = "hy";
-  version = "1.1.0";
+  version = "1.2.0";
   pyproject = true;
 
   src = fetchFromGitHub {
     owner = "hylang";
     repo = "hy";
     tag = version;
-    hash = "sha256-zaTe9sRmW+lzpbNVrnj5ccp1xIbN10FD1Jst/hM78Lw=";
+    hash = "sha256-uKkTH5vywJ5OrbbHIpHGLbTA/Px0/02JEXI8NIUvt/w=";
   };
 
   # https://github.com/hylang/hy/blob/1.0a4/get_version.py#L9-L10