diff --git a/.github/workflows/job_tensorflow_models_tests.yml b/.github/workflows/job_tensorflow_models_tests.yml
index c89370851ad24c..51f9852fba0858 100644
--- a/.github/workflows/job_tensorflow_models_tests.yml
+++ b/.github/workflows/job_tensorflow_models_tests.yml
@@ -114,7 +114,12 @@ jobs:
       - name: TensorFlow Models Tests - TF FE
         run: |
           export PYTHONPATH=${MODEL_HUB_TESTS_INSTALL_DIR}:$PYTHONPATH
-          python3 -m pytest ${MODEL_HUB_TESTS_INSTALL_DIR}/tensorflow/ -m ${{ inputs.model_scope }} --html=${INSTALL_TEST_DIR}/TEST-tf_fe_models_${{ inputs.model_scope }}.html --self-contained-html -v
+          python3 -m pytest ${MODEL_HUB_TESTS_INSTALL_DIR}/tensorflow/test_tf_convert_model.py -m ${{ inputs.model_scope }} \
+            --html=${INSTALL_TEST_DIR}/TEST-tf_fe_models_${{ inputs.model_scope }}.html --self-contained-html -v
+          # decouple notebook tests due to GitHub issue in tensorflow_hub https://github.com/tensorflow/hub/issues/903
+          # and use WA to switch to (legacy) Keras 2
+          TF_USE_LEGACY_KERAS=1 python3 -m pytest ${MODEL_HUB_TESTS_INSTALL_DIR}/tensorflow/test_tf_hub_api_notebooks.py -m ${{ inputs.model_scope }} \
+            --html=${INSTALL_TEST_DIR}/TEST-tf_fe_models_notebooks_${{ inputs.model_scope }}.html --self-contained-html -v
         env:
           TEST_DEVICE: CPU
 
diff --git a/src/bindings/python/constraints.txt b/src/bindings/python/constraints.txt
index 94054315f9c0c6..45b32a4819faee 100644
--- a/src/bindings/python/constraints.txt
+++ b/src/bindings/python/constraints.txt
@@ -18,7 +18,7 @@ patchelf<=0.17.2.1
 # Frontends
 docopt~=0.6.2
 paddlepaddle==2.5.2
-tensorflow>=1.15.5,<2.16.0
+tensorflow>=1.15.5,<2.17.0
 six~=1.16.0
 protobuf>=3.18.1,<4.0.0
 onnx==1.15.0
diff --git a/tests/constraints.txt b/tests/constraints.txt
index 1492e0863cac1a..f27a78153f911f 100644
--- a/tests/constraints.txt
+++ b/tests/constraints.txt
@@ -12,7 +12,7 @@ sympy>=1.10
 wheel>=0.38.1
 defusedxml>=0.7.1
 fastjsonschema~=2.17.1
-tensorflow>=2.5,<2.16.0
+tensorflow>=2.5,<2.17.0
 test-generator==0.1.2
 requests>=2.25.1
 opencv-python>=4.5
diff --git a/tests/model_hub_tests/tensorflow/test_tf_hub_api_notebooks.py b/tests/model_hub_tests/tensorflow/test_tf_hub_api_notebooks.py
index b04f6c15d5c5d4..5c34d8125b9c6d 100644
--- a/tests/model_hub_tests/tensorflow/test_tf_hub_api_notebooks.py
+++ b/tests/model_hub_tests/tensorflow/test_tf_hub_api_notebooks.py
@@ -5,6 +5,7 @@
 import tensorflow as tf
 import tensorflow_hub as hub
 from models_hub_common.test_convert_model import TestConvertModel
+
 from utils import get_input_info
 
 
diff --git a/tools/mo/requirements_tf.txt b/tools/mo/requirements_tf.txt
index e9ff04cc7e6772..e32f7e076bc1d1 100644
--- a/tools/mo/requirements_tf.txt
+++ b/tools/mo/requirements_tf.txt
@@ -1,5 +1,5 @@
 -c ../constraints.txt
-tensorflow>=1.15.5,<2.16.0
+tensorflow>=1.15.5,<2.17.0
 numpy>=1.16.6,<1.26
 networkx
 defusedxml
diff --git a/tools/mo/requirements_tf2.txt b/tools/mo/requirements_tf2.txt
index d5825581a5549c..3aa9a1f82e510b 100644
--- a/tools/mo/requirements_tf2.txt
+++ b/tools/mo/requirements_tf2.txt
@@ -1,5 +1,5 @@
 -c ../constraints.txt
-tensorflow>=2.5,<2.16.0
+tensorflow>=2.5,<2.17.0
 numpy>=1.16.6,<1.26
 networkx
 defusedxml