diff --git a/setup.py b/setup.py
index 3fb6cfd99b7..c0ae7ec6c4b 100644
--- a/setup.py
+++ b/setup.py
@@ -9,7 +9,7 @@
 from setuptools import find_packages, setup
 
 # TODO: read pinned Botorch version from a shared source
-PINNED_BOTORCH_VERSION = "0.9.2"
+PINNED_BOTORCH_VERSION = "0.9.4"
 
 if os.environ.get("ALLOW_BOTORCH_LATEST"):
     # allows a more recent previously installed version of botorch to remain