diff --git a/bitnami/kube-prometheus/CHANGELOG.md b/bitnami/kube-prometheus/CHANGELOG.md
index 85c7e18d92..d54aedc278 100644
--- a/bitnami/kube-prometheus/CHANGELOG.md
+++ b/bitnami/kube-prometheus/CHANGELOG.md
@@ -1,8 +1,12 @@
 # Changelog
 
-## 9.4.1 (2024-06-06)
+## 9.5.0 (2024-06-10)
 
-* [bitnami/kube-prometheus] Release 9.4.1 ([#27007](https://github.com/bitnami/charts/pull/27007))
+* [bitnami/kube-prometheus] Add keepDroppedTargets parameter kube-prometheus configuration ([#26409](https://github.com/bitnami/charts/pull/26409))
+
+## <small>9.4.1 (2024-06-06)</small>
+
+* [bitnami/kube-prometheus] Release 9.4.1 (#27007) ([40c13fe](https://github.com/bitnami/charts/commit/40c13fe226aafbd7c200274871005f4eb36b00c7)), closes [#27007](https://github.com/bitnami/charts/issues/27007)
 
 ## 9.4.0 (2024-06-06)
 
diff --git a/bitnami/kube-prometheus/Chart.yaml b/bitnami/kube-prometheus/Chart.yaml
index db6427e6bc..d9c208b2ef 100644
--- a/bitnami/kube-prometheus/Chart.yaml
+++ b/bitnami/kube-prometheus/Chart.yaml
@@ -46,4 +46,4 @@ maintainers:
 name: kube-prometheus
 sources:
 - https://github.com/bitnami/charts/tree/main/bitnami/kube-prometheus
-version: 9.4.1
+version: 9.5.0
diff --git a/bitnami/kube-prometheus/README.md b/bitnami/kube-prometheus/README.md
index 31d7c8610e..06f38a5337 100644
--- a/bitnami/kube-prometheus/README.md
+++ b/bitnami/kube-prometheus/README.md
@@ -373,6 +373,7 @@ As an alternative, use one of the preset configurations for pod affinity, pod an
 | `prometheus.scrapeTimeout`                                            | Timeout after which the global scrape is ended                                                                                                                                                                                                        | `""`                         |
 | `prometheus.sampleLimit`                                              | Per-scrape max number of scraped samples. Requires Prometheus v2.45.0 and newer                                                                                                                                                                       | `""`                         |
 | `prometheus.enforcedSampleLimit`                                      | Override sampleLimits set by ServiceMonitor, PodMonitor or Probe objects                                                                                                                                                                              | `""`                         |
+| `prometheus.keepDroppedTargets`                                       | Limit per scrape config on the number of targets dropped by relabeling that will be kept in memory. 0 means no limit.                                                                                                                                 | `""`                         |
 | `prometheus.listenLocal`                                              | ListenLocal makes the Prometheus server listen on loopback                                                                                                                                                                                            | `false`                      |
 | `prometheus.livenessProbe.enabled`                                    | Turn on and off liveness probe                                                                                                                                                                                                                        | `true`                       |
 | `prometheus.livenessProbe.path`                                       | Path of the HTTP service for checking the healthy state                                                                                                                                                                                               | `/-/healthy`                 |
diff --git a/bitnami/kube-prometheus/templates/prometheus/prometheus.yaml b/bitnami/kube-prometheus/templates/prometheus/prometheus.yaml
index df2eb7411c..3a164cbef5 100644
--- a/bitnami/kube-prometheus/templates/prometheus/prometheus.yaml
+++ b/bitnami/kube-prometheus/templates/prometheus/prometheus.yaml
@@ -102,6 +102,9 @@ spec:
   {{- if .Values.prometheus.enforcedSampleLimit }}
   enforcedSampleLimit: {{ .Values.prometheus.enforcedSampleLimit }}
   {{- end }}
+  {{- if .Values.prometheus.keepDroppedTargets }}
+  keepDroppedTargets: {{ .Values.prometheus.keepDroppedTargets }}
+  {{- end }}
   {{- if .Values.prometheus.resources }}
   resources: {{- toYaml .Values.prometheus.resources | nindent 4 }}
   {{- else if ne .Values.prometheus.resourcesPreset "none" }}
diff --git a/bitnami/kube-prometheus/values.yaml b/bitnami/kube-prometheus/values.yaml
index a03f31de1d..eb38988b88 100644
--- a/bitnami/kube-prometheus/values.yaml
+++ b/bitnami/kube-prometheus/values.yaml
@@ -1038,6 +1038,10 @@ prometheus:
   ## @param prometheus.enforcedSampleLimit Override sampleLimits set by ServiceMonitor, PodMonitor or Probe objects
   ## ref: https://github.com/prometheus-operator/prometheus-operator/blob/main/Documentation/api.md#monitoring.coreos.com/v1.PrometheusSpec
   enforcedSampleLimit: ""
+  ## @param prometheus.keepDroppedTargets Limit per scrape config on the number of targets dropped by relabeling that will be kept in memory. 0 means no limit.
+  ## Requires Prometheus v2.47.0 and newer
+  ## ref: https://prometheus.io/docs/prometheus/latest/configuration/configuration/#scrape_config
+  keepDroppedTargets: ""
   ## @param prometheus.listenLocal ListenLocal makes the Prometheus server listen on loopback
   ##
   listenLocal: false