diff --git a/compiler/packages/babel-plugin-react-forget/src/HIR/BuildHIR.ts b/compiler/packages/babel-plugin-react-forget/src/HIR/BuildHIR.ts
index a3b3142393..e1d3b88619 100644
--- a/compiler/packages/babel-plugin-react-forget/src/HIR/BuildHIR.ts
+++ b/compiler/packages/babel-plugin-react-forget/src/HIR/BuildHIR.ts
@@ -3803,6 +3803,7 @@ function gatherCapturedDeps(
      */
     let dependency:
       | NodePath<t.MemberExpression>
+      | NodePath<t.JSXMemberExpression>
       | NodePath<t.Identifier>
       | NodePath<t.JSXIdentifier>;
     if (path.isJSXOpeningElement()) {
@@ -3820,7 +3821,25 @@ function gatherCapturedDeps(
         "Invalid logic in gatherCapturedDeps"
       );
       baseIdentifier = current;
-      dependency = current;
+
+      /*
+       * Get the expression to depend on, which may involve PropertyLoads
+       * for member expressions
+       */
+      let currentDep:
+        | NodePath<t.JSXMemberExpression>
+        | NodePath<t.Identifier>
+        | NodePath<t.JSXIdentifier> = baseIdentifier;
+
+      while (true) {
+        const nextDep: null | NodePath<t.Node> = currentDep.parentPath;
+        if (nextDep && nextDep.isJSXMemberExpression()) {
+          currentDep = nextDep;
+        } else {
+          break;
+        }
+      }
+      dependency = currentDep;
     } else if (path.isMemberExpression()) {
       // Calculate baseIdentifier
       let currentId: NodePath<Expression> = path;
@@ -3885,6 +3904,15 @@ function gatherCapturedDeps(
       }
 
       exprKey += "." + pathTokens.reverse().join(".");
+    } else if (dependency.isJSXMemberExpression()) {
+      let pathTokens = [];
+      let current: NodePath<t.JSXMemberExpression | t.JSXIdentifier> =
+        dependency;
+      while (current.isJSXMemberExpression()) {
+        const property = current.get("property");
+        pathTokens.push(property.node.name);
+        current = current.get("object");
+      }
     }
 
     if (!seenPaths.has(exprKey)) {
@@ -3895,6 +3923,8 @@ function gatherCapturedDeps(
           place: lowerIdentifier(builder, dependency),
           loc: path.node.loc ?? GeneratedSource,
         });
+      } else if (dependency.isJSXMemberExpression()) {
+        loweredDep = lowerJsxMemberExpression(builder, dependency);
       } else {
         loweredDep = lowerExpressionToTemporary(builder, dependency);
       }
diff --git a/compiler/packages/babel-plugin-react-forget/src/__tests__/fixtures/compiler/bug-jsx-memberexpr-tag-in-lambda.expect.md b/compiler/packages/babel-plugin-react-forget/src/__tests__/fixtures/compiler/jsx-memberexpr-tag-in-lambda.expect.md
similarity index 91%
rename from compiler/packages/babel-plugin-react-forget/src/__tests__/fixtures/compiler/bug-jsx-memberexpr-tag-in-lambda.expect.md
rename to compiler/packages/babel-plugin-react-forget/src/__tests__/fixtures/compiler/jsx-memberexpr-tag-in-lambda.expect.md
index 5030bbb431..b8e2e1acc9 100644
--- a/compiler/packages/babel-plugin-react-forget/src/__tests__/fixtures/compiler/bug-jsx-memberexpr-tag-in-lambda.expect.md
+++ b/compiler/packages/babel-plugin-react-forget/src/__tests__/fixtures/compiler/jsx-memberexpr-tag-in-lambda.expect.md
@@ -25,6 +25,7 @@ import { unstable_useMemoCache as useMemoCache } from "react";
 import * as SharedRuntime from "shared-runtime";
 function useFoo() {
   const $ = useMemoCache(2);
+  const MyLocal = SharedRuntime;
   let t0;
   if ($[0] === Symbol.for("react.memo_cache_sentinel")) {
     t0 = () => <MyLocal.Text value={4} />;
@@ -49,4 +50,6 @@ export const FIXTURE_ENTRYPOINT = {
 };
 
 ```
-      
\ No newline at end of file
+      
+### Eval output
+(kind: ok) <div>4</div>
\ No newline at end of file
diff --git a/compiler/packages/babel-plugin-react-forget/src/__tests__/fixtures/compiler/bug-jsx-memberexpr-tag-in-lambda.js b/compiler/packages/babel-plugin-react-forget/src/__tests__/fixtures/compiler/jsx-memberexpr-tag-in-lambda.js
similarity index 100%
rename from compiler/packages/babel-plugin-react-forget/src/__tests__/fixtures/compiler/bug-jsx-memberexpr-tag-in-lambda.js
rename to compiler/packages/babel-plugin-react-forget/src/__tests__/fixtures/compiler/jsx-memberexpr-tag-in-lambda.js