diff --git a/meta/recipes-devtools/rust/rust-snapshot.inc b/meta/recipes-devtools/rust/rust-snapshot.inc
index 222f34f9a8..6420bcff55 100644
--- a/meta/recipes-devtools/rust/rust-snapshot.inc
+++ b/meta/recipes-devtools/rust/rust-snapshot.inc
@@ -5,7 +5,8 @@
 ## The version is replicated here.
 ## TODO: find a way to add additional SRC_URIs based on the contents of an
 ##       earlier SRC_URI.
-RS_VERSION = "1.65.0"
+
+SNAPSHOT_VERSION = "1.65.0"
 CARGO_VERSION = "1.65.0"
 
 # TODO: Add hashes for other architecture toolchains as well. Make a script?
@@ -27,6 +28,6 @@ SRC_URI += " \
     https://static.rust-lang.org/dist/${CARGO_SNAPSHOT}.tar.xz;name=cargo-snapshot-${RUST_BUILD_ARCH};subdir=rust-snapshot-components \
 "
 
-RUST_STD_SNAPSHOT = "rust-std-${RS_VERSION}-${RUST_BUILD_ARCH}-unknown-linux-gnu"
-RUSTC_SNAPSHOT = "rustc-${RS_VERSION}-${RUST_BUILD_ARCH}-unknown-linux-gnu"
+RUST_STD_SNAPSHOT = "rust-std-${SNAPSHOT_VERSION}-${RUST_BUILD_ARCH}-unknown-linux-gnu"
+RUSTC_SNAPSHOT = "rustc-${SNAPSHOT_VERSION}-${RUST_BUILD_ARCH}-unknown-linux-gnu"
 CARGO_SNAPSHOT = "cargo-${CARGO_VERSION}-${RUST_BUILD_ARCH}-unknown-linux-gnu"
diff --git a/meta/recipes-devtools/rust/rust-source.inc b/meta/recipes-devtools/rust/rust-source.inc
index 1c511917e2..91a6c5a942 100644
--- a/meta/recipes-devtools/rust/rust-source.inc
+++ b/meta/recipes-devtools/rust/rust-source.inc
@@ -1,4 +1,5 @@
-SRC_URI += "https://static.rust-lang.org/dist/rustc-${PV}-src.tar.xz;name=rust"
+RUST_VERSION ?= "${@d.getVar('PV').split('-')[0]}"
+SRC_URI += "https://static.rust-lang.org/dist/rustc-${RUST_VERSION}-src.tar.xz;name=rust"
 SRC_URI[rust.sha256sum] = "0dc176e34fae9871f855a6ba4cb30fa19d69c5b4428d29281a07419c4950715c"
 
 SRC_URI:append:class-target:pn-rust = " \
@@ -6,7 +7,7 @@ SRC_URI:append:class-target:pn-rust = " \
     file://crossbeam_atomic.patch"
 SRC_URI:append:class-nativesdk:pn-nativesdk-rust = " file://hardcodepaths.patch"
 
-RUSTSRC = "${WORKDIR}/rustc-${PV}-src"
+RUSTSRC = "${WORKDIR}/rustc-${RUST_VERSION}-src"
 
 UPSTREAM_CHECK_URI = "https://forge.rust-lang.org/infra/other-installation-methods.html"
 UPSTREAM_CHECK_REGEX = "rustc-(?P<pver>\d+(\.\d+)+)-src"
diff --git a/meta/recipes-devtools/rust/rust.inc b/meta/recipes-devtools/rust/rust.inc
index 8d25e7993a..f58aa46444 100644
--- a/meta/recipes-devtools/rust/rust.inc
+++ b/meta/recipes-devtools/rust/rust.inc
@@ -13,6 +13,10 @@ DEPENDS:append:class-nativesdk = " nativesdk-rust-llvm"
 
 S = "${RUSTSRC}"
 
+# Use at your own risk, accepted values are stable, beta and nightly
+RUST_CHANNEL ?= "stable"
+PV .= "${@bb.utils.contains('RUST_CHANNEL', 'stable', '', '-${RUST_CHANNEL}', d)}"
+
 export FORCE_CRATE_HASH="${BB_TASKHASH}"
 
 RUST_ALTERNATE_EXE_PATH ?= "${STAGING_LIBDIR}/llvm-rust/bin/llvm-config"
@@ -116,7 +120,7 @@ python do_configure() {
     # [rust]
     config.add_section("rust")
     config.set("rust", "rpath", e(True))
-    config.set("rust", "channel", e("stable"))
+    config.set("rust", "channel", e(d.expand("${RUST_CHANNEL}")))
 
     # Whether or not to optimize the compiler and standard library
     config.set("rust", "optimize", e(True))