diff --git a/build.gradle.kts b/build.gradle.kts
index 14cad7c1..4f441073 100644
--- a/build.gradle.kts
+++ b/build.gradle.kts
@@ -130,9 +130,8 @@ androidStudioTests {
     val autoDownloadAndRunInHeadless = providers.gradleProperty("autoDownloadAndRunInHeadless").orNull == "true"
     runAndroidStudioInHeadlessMode.set(autoDownloadAndRunInHeadless)
     autoDownloadAndroidStudio.set(autoDownloadAndRunInHeadless)
-    // Iguana (2023.2.1.7) Canary 7
-    testAndroidStudioVersion.set("2023.2.1.7")
-    testAndroidSdkVersion.set("7.3.0")
+    testAndroidStudioVersion.set(libs.versions.testAndroidStudioVersion)
+    testAndroidSdkVersion.set(libs.versions.testAndroidSdkVersion)
     // For local development it's easier to setup Android SDK with Android Studio, since auto download needs ANDROID_HOME or ANDROID_SDK_ROOT
     // to be set with an accepted license in it. See https://developer.android.com/studio/intro/update.html#download-with-gradle.
     autoDownloadAndroidSdk.set(autoDownloadAndRunInHeadless)
diff --git a/gradle/libs.versions.toml b/gradle/libs.versions.toml
index 38aa94b5..bb8f54f7 100644
--- a/gradle/libs.versions.toml
+++ b/gradle/libs.versions.toml
@@ -1,6 +1,9 @@
 [versions]
 groovy = "3.0.15"
 spock = "2.1-groovy-3.0"
+# Iguana (2023.2.1.7) Canary 7
+testAndroidStudioVersion = "2023.2.1.7"
+testAndroidSdkVersion = "7.3.0"
 
 [libraries]
 toolingApi = "org.gradle:gradle-tooling-api:7.2"
diff --git a/gradle/wrapper/gradle-wrapper.jar b/gradle/wrapper/gradle-wrapper.jar
index c1962a79..e6441136 100644
Binary files a/gradle/wrapper/gradle-wrapper.jar and b/gradle/wrapper/gradle-wrapper.jar differ
diff --git a/gradle/wrapper/gradle-wrapper.properties b/gradle/wrapper/gradle-wrapper.properties
index 37aef8d3..b97bde2c 100644
--- a/gradle/wrapper/gradle-wrapper.properties
+++ b/gradle/wrapper/gradle-wrapper.properties
@@ -1,6 +1,7 @@
 distributionBase=GRADLE_USER_HOME
 distributionPath=wrapper/dists
-distributionUrl=https\://services.gradle.org/distributions/gradle-8.1.1-bin.zip
+distributionUrl=https\://services.gradle.org/distributions/gradle-8.7-rc-4-bin.zip
 networkTimeout=10000
+validateDistributionUrl=true
 zipStoreBase=GRADLE_USER_HOME
 zipStorePath=wrapper/dists
diff --git a/gradlew b/gradlew
index aeb74cbb..1aa94a42 100755
--- a/gradlew
+++ b/gradlew
@@ -83,7 +83,8 @@ done
 # This is normally unused
 # shellcheck disable=SC2034
 APP_BASE_NAME=${0##*/}
-APP_HOME=$( cd "${APP_HOME:-./}" && pwd -P ) || exit
+# Discard cd standard output in case $CDPATH is set (https://github.com/gradle/gradle/issues/25036)
+APP_HOME=$( cd "${APP_HOME:-./}" > /dev/null && pwd -P ) || exit
 
 # Use the maximum available, or set MAX_FD != -1 to use that value.
 MAX_FD=maximum
@@ -130,10 +131,13 @@ location of your Java installation."
     fi
 else
     JAVACMD=java
-    which java >/dev/null 2>&1 || die "ERROR: JAVA_HOME is not set and no 'java' command could be found in your PATH.
+    if ! command -v java >/dev/null 2>&1
+    then
+        die "ERROR: JAVA_HOME is not set and no 'java' command could be found in your PATH.
 
 Please set the JAVA_HOME variable in your environment to match the
 location of your Java installation."
+    fi
 fi
 
 # Increase the maximum file descriptors if we can.
@@ -141,7 +145,7 @@ if ! "$cygwin" && ! "$darwin" && ! "$nonstop" ; then
     case $MAX_FD in #(
       max*)
         # In POSIX sh, ulimit -H is undefined. That's why the result is checked to see if it worked.
-        # shellcheck disable=SC3045
+        # shellcheck disable=SC2039,SC3045
         MAX_FD=$( ulimit -H -n ) ||
             warn "Could not query maximum file descriptor limit"
     esac
@@ -149,7 +153,7 @@ if ! "$cygwin" && ! "$darwin" && ! "$nonstop" ; then
       '' | soft) :;; #(
       *)
         # In POSIX sh, ulimit -n is undefined. That's why the result is checked to see if it worked.
-        # shellcheck disable=SC3045
+        # shellcheck disable=SC2039,SC3045
         ulimit -n "$MAX_FD" ||
             warn "Could not set maximum file descriptor limit to $MAX_FD"
     esac
@@ -198,11 +202,11 @@ fi
 # Add default JVM options here. You can also use JAVA_OPTS and GRADLE_OPTS to pass JVM options to this script.
 DEFAULT_JVM_OPTS='"-Xmx64m" "-Xms64m"'
 
-# Collect all arguments for the java command;
-#   * $DEFAULT_JVM_OPTS, $JAVA_OPTS, and $GRADLE_OPTS can contain fragments of
-#     shell script including quotes and variable substitutions, so put them in
-#     double quotes to make sure that they get re-expanded; and
-#   * put everything else in single quotes, so that it's not re-expanded.
+# Collect all arguments for the java command:
+#   * DEFAULT_JVM_OPTS, JAVA_OPTS, JAVA_OPTS, and optsEnvironmentVar are not allowed to contain shell fragments,
+#     and any embedded shellness will be escaped.
+#   * For example: A user cannot expect ${Hostname} to be expanded, as it is an environment variable and will be
+#     treated as '${Hostname}' itself on the command line.
 
 set -- \
         "-Dorg.gradle.appname=$APP_BASE_NAME" \
diff --git a/gradlew.bat b/gradlew.bat
index 93e3f59f..25da30db 100644
--- a/gradlew.bat
+++ b/gradlew.bat
@@ -43,11 +43,11 @@ set JAVA_EXE=java.exe
 %JAVA_EXE% -version >NUL 2>&1
 if %ERRORLEVEL% equ 0 goto execute
 
-echo.
-echo ERROR: JAVA_HOME is not set and no 'java' command could be found in your PATH.
-echo.
-echo Please set the JAVA_HOME variable in your environment to match the
-echo location of your Java installation.
+echo. 1>&2
+echo ERROR: JAVA_HOME is not set and no 'java' command could be found in your PATH. 1>&2
+echo. 1>&2
+echo Please set the JAVA_HOME variable in your environment to match the 1>&2
+echo location of your Java installation. 1>&2
 
 goto fail
 
@@ -57,11 +57,11 @@ set JAVA_EXE=%JAVA_HOME%/bin/java.exe
 
 if exist "%JAVA_EXE%" goto execute
 
-echo.
-echo ERROR: JAVA_HOME is set to an invalid directory: %JAVA_HOME%
-echo.
-echo Please set the JAVA_HOME variable in your environment to match the
-echo location of your Java installation.
+echo. 1>&2
+echo ERROR: JAVA_HOME is set to an invalid directory: %JAVA_HOME% 1>&2
+echo. 1>&2
+echo Please set the JAVA_HOME variable in your environment to match the 1>&2
+echo location of your Java installation. 1>&2
 
 goto fail
 
diff --git a/settings.gradle.kts b/settings.gradle.kts
index 0549daeb..dc479f5c 100644
--- a/settings.gradle.kts
+++ b/settings.gradle.kts
@@ -1,6 +1,6 @@
 plugins {
-    id("com.gradle.enterprise").version("3.10.3")
-    id("com.gradle.enterprise.gradle-enterprise-conventions-plugin").version("0.7.2")
+    id("com.gradle.enterprise").version("3.16.2")
+    id("com.gradle.enterprise.gradle-enterprise-conventions-plugin").version("0.7.5")
 }
 
 checkIfCurrentJavaIsCompatible()
diff --git a/subprojects/studio-plugin/build.gradle.kts b/subprojects/studio-plugin/build.gradle.kts
index 5c65da89..7dccfd52 100644
--- a/subprojects/studio-plugin/build.gradle.kts
+++ b/subprojects/studio-plugin/build.gradle.kts
@@ -6,7 +6,7 @@ plugins {
     groovy
     `java-test-fixtures`
     id("profiler.allprojects")
-    id("org.jetbrains.intellij") version "1.13.3"
+    id("org.jetbrains.intellij") version "1.17.2"
 }
 
 description = "Contains logic for Android Studio plugin that communicates with profiler"
diff --git a/subprojects/studio-plugin/src/main/java/org/gradle/profiler/studio/plugin/DefaultGradleSettingsListener.java b/subprojects/studio-plugin/src/main/java/org/gradle/profiler/studio/plugin/DefaultGradleSettingsListener.java
index 8be35f41..210fdd7e 100644
--- a/subprojects/studio-plugin/src/main/java/org/gradle/profiler/studio/plugin/DefaultGradleSettingsListener.java
+++ b/subprojects/studio-plugin/src/main/java/org/gradle/profiler/studio/plugin/DefaultGradleSettingsListener.java
@@ -1,7 +1,5 @@
 package org.gradle.profiler.studio.plugin;
 
-import java.util.Collection;
-import java.util.Set;
 import org.jetbrains.annotations.NotNull;
 import org.jetbrains.annotations.Nullable;
 import org.jetbrains.plugins.gradle.settings.DistributionType;
@@ -9,19 +7,54 @@
 import org.jetbrains.plugins.gradle.settings.GradleSettingsListener;
 import org.jetbrains.plugins.gradle.settings.TestRunner;
 
+import java.util.Collection;
+import java.util.Set;
+
 /**
  * A default implementation of GradleSettingsListener that does nothing.
  */
 public class DefaultGradleSettingsListener implements GradleSettingsListener {
-    @Override public void onProjectsLinked(@NotNull Collection<GradleProjectSettings> settings) { }
-    @Override public void onGradleHomeChange(@Nullable String oldPath, @Nullable String newPath, @NotNull String linkedProjectPath) {  }
-    @Override public void onGradleDistributionTypeChange(DistributionType currentValue, @NotNull String linkedProjectPath) { }
-    @Override public void onServiceDirectoryPathChange(@Nullable String oldPath, @Nullable String newPath) { }
-    @Override public void onGradleVmOptionsChange(@Nullable String oldOptions, @Nullable String newOptions) { }
-    @Override public void onBuildDelegationChange(boolean delegatedBuild, @NotNull String linkedProjectPath) {  }
-    @Override public void onTestRunnerChange(@NotNull TestRunner currentTestRunner, @NotNull String linkedProjectPath) { }
-    @Override public void onProjectRenamed(@NotNull String oldName, @NotNull String newName) { }
-    @Override public void onProjectsUnlinked(@NotNull Set<String> linkedProjectPaths) {  }
-    @Override public void onBulkChangeStart() { }
-    @Override public void onBulkChangeEnd() { }
+    @Override
+    public void onProjectsLinked(@NotNull Collection<GradleProjectSettings> settings) {
+    }
+
+    @Override
+    public void onGradleHomeChange(@Nullable String oldPath, @Nullable String newPath, @NotNull String linkedProjectPath) {
+    }
+
+    @Override
+    public void onGradleDistributionTypeChange(DistributionType currentValue, @NotNull String linkedProjectPath) {
+    }
+
+    @Override
+    public void onServiceDirectoryPathChange(@Nullable String oldPath, @Nullable String newPath) {
+    }
+
+    @Override
+    public void onGradleVmOptionsChange(@Nullable String oldOptions, @Nullable String newOptions) {
+    }
+
+    @Override
+    public void onBuildDelegationChange(boolean delegatedBuild, @NotNull String linkedProjectPath) {
+    }
+
+    @Override
+    public void onTestRunnerChange(@NotNull TestRunner currentTestRunner, @NotNull String linkedProjectPath) {
+    }
+
+    @Override
+    public void onProjectRenamed(@NotNull String oldName, @NotNull String newName) {
+    }
+
+    @Override
+    public void onProjectsUnlinked(@NotNull Set<String> linkedProjectPaths) {
+    }
+
+    @Override
+    public void onBulkChangeStart() {
+    }
+
+    @Override
+    public void onBulkChangeEnd() {
+    }
 }