diff --git a/Cargo.toml b/Cargo.toml
index 5429ed2c8..f00f8c27f 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -53,7 +53,7 @@ rustyline = { workspace = true }
 
 [dev-dependencies]
 criterion = { workspace = true }
-pyo3 = { version = "0.26", features = ["auto-initialize"] }
+pyo3 = { version = "0.27", features = ["auto-initialize"] }
 
 [[bench]]
 name = "execution"
diff --git a/benches/microbenchmarks.rs b/benches/microbenchmarks.rs
index f70be5952..98993b415 100644
--- a/benches/microbenchmarks.rs
+++ b/benches/microbenchmarks.rs
@@ -101,7 +101,10 @@ fn cpy_compile_code<'a>(
     let builtins =
         pyo3::types::PyModule::import(py, "builtins").expect("Failed to import builtins");
     let compile = builtins.getattr("compile").expect("no compile in builtins");
-    compile.call1((code, name, "exec"))?.extract()
+    Ok(compile
+        .call1((code, name, "exec"))?
+        .cast_into()
+        .expect("compile() should return a code object"))
 }
 
 fn bench_rustpython_code(group: &mut BenchmarkGroup<WallTime>, bench: &MicroBenchmark) {