From the NASA Planetary Defense blog:

While still an extremely low possibility, additional observations and analysis of asteroid 2024 YR4 indicate that its impact probability with Earth has increased to a 2.3% chance on Dec. 22, 2032. Ongoing observations from ground-based telescopes involved with the International Asteroid Warning Network will continue while the asteroid is still visible through April, after which it will be too faint to observe until around June 2028.

NASA’s James Webb Space Telescope will also observe the asteroid in March 2025 to better assess the asteroid’s size. Currently the asteroid is estimated to be 130-300 feet across.