diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9d648e9a..63498127 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -8,6 +8,10 @@ The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 
 For a full diff see [`2.1.0...main`][2.1.0...main].
 
+### Changed
+
+- Allowed installation of `nikic/php-parser:^5.0.0` ([#735]), by [@localheinz]
+
 ## [`2.1.0`][2.1.0]
 
 For a full diff see [`2.0.0...2.1.0`][2.0.0...2.1.0].
@@ -490,6 +494,7 @@ For a full diff see [`362c7ea...0.1.0`][362c7ea...0.1.0].
 [#542]: https://github.com/ergebnis/phpstan-rules/pull/542
 [#543]: https://github.com/ergebnis/phpstan-rules/pull/543
 [#567]: https://github.com/ergebnis/phpstan-rules/pull/567
+[#735]: https://github.com/ergebnis/phpstan-rules/pull/735
 
 [@enumag]: https://github.com/enumag
 [@ergebnis]: https://github.com/ergebnis
diff --git a/composer.json b/composer.json
index dd87e151..6821d01e 100644
--- a/composer.json
+++ b/composer.json
@@ -23,7 +23,7 @@
   "require": {
     "php": "~8.1.0 || ~8.2.0 || ~8.3.0",
     "ext-mbstring": "*",
-    "nikic/php-parser": "^4.2.3",
+    "nikic/php-parser": "^4.2.3 || ^5.0.0",
     "phpstan/phpstan": "^1.10.21"
   },
   "require-dev": {
diff --git a/composer.lock b/composer.lock
index af50f464..62fe0869 100644
--- a/composer.lock
+++ b/composer.lock
@@ -4,7 +4,7 @@
         "Read more about it at https://getcomposer.org/doc/01-basic-usage.md#installing-dependencies",
         "This file is @generated automatically"
     ],
-    "content-hash": "cfbf5140e8ee7470b0568bedc2938149",
+    "content-hash": "a6a7871143e8358030cbaa9eb8002382",
     "packages": [
         {
             "name": "nikic/php-parser",