diff --git a/cmd/install/install.go b/cmd/install/install.go
index 0f91fcedbd0..2afbf660900 100644
--- a/cmd/install/install.go
+++ b/cmd/install/install.go
@@ -63,9 +63,9 @@ import (
 )
 
 const (
-	// ExternalDNSImage - This is specifically tag 1.1.0-3 from https://catalog.redhat.com/software/containers/edo/external-dns-rhel8/61d4c35023156829b87a434a?container-tabs=overview&tag=1.1.0-3&push_date=1671131187000
+	// ExternalDNSImage - This is specifically tag 1.2.1 from https://catalog.redhat.com/software/containers/edo/external-dns-rhel8/61d4c35023156829b87a434a
 	// TODO this needs to be updated to a multi-arch image including Arm - https://issues.redhat.com/browse/NE-1298
-	ExternalDNSImage = "registry.redhat.io/edo/external-dns-rhel8@sha256:638fb6b5fc348f5cf52b9800d3d8e9f5315078fc9b1e57e800cb0a4a50f1b4b9"
+	ExternalDNSImage = "registry.redhat.io/edo/external-dns-rhel8@sha256:9f60c682b44497d9736a04991c0d2b3485d477f6c89a87c4a44a211a3d1f3cd4"
 )
 
 var HyperShiftImage = fmt.Sprintf("%s:%s", config.HypershiftImageBase, config.HypershiftImageTag)