diff --git a/src/compiler/checker.ts b/src/compiler/checker.ts
index 4765c1aa334..ca37ad9acf8 100644
--- a/src/compiler/checker.ts
+++ b/src/compiler/checker.ts
@@ -43909,7 +43909,7 @@ export function createTypeChecker(host: TypeCheckerHost): TypeChecker {
 
         if (node.expression.kind === SyntaxKind.Identifier) {
             const id = node.expression as Identifier;
-            const sym = resolveEntityName(id, SymbolFlags.All, /*ignoreErrors*/ true, /*dontResolveAlias*/ true, node);
+            const sym = getExportSymbolOfValueSymbolIfExported(resolveEntityName(id, SymbolFlags.All, /*ignoreErrors*/ true, /*dontResolveAlias*/ true, node));
             if (sym) {
                 markAliasReferenced(sym, id);
                 // If not a value, we're interpreting the identifier as a type export, along the lines of (`export { Id as default }`)
diff --git a/tests/baselines/reference/verbatimModuleSyntaxDefaultValue.js b/tests/baselines/reference/verbatimModuleSyntaxDefaultValue.js
new file mode 100644
index 00000000000..d8ef7a6e0fb
--- /dev/null
+++ b/tests/baselines/reference/verbatimModuleSyntaxDefaultValue.js
@@ -0,0 +1,20 @@
+//// [tests/cases/compiler/verbatimModuleSyntaxDefaultValue.ts] ////
+
+//// [package.json]
+{ "name": "foo", "type": "module" }
+
+//// [index.ts]
+class Task {}
+
+function task(): Task { return new Task(); }
+
+export const build = task();
+export default build;
+
+
+//// [index.js]
+class Task {
+}
+function task() { return new Task(); }
+export const build = task();
+export default build;
diff --git a/tests/baselines/reference/verbatimModuleSyntaxDefaultValue.symbols b/tests/baselines/reference/verbatimModuleSyntaxDefaultValue.symbols
new file mode 100644
index 00000000000..1b0b3491241
--- /dev/null
+++ b/tests/baselines/reference/verbatimModuleSyntaxDefaultValue.symbols
@@ -0,0 +1,16 @@
+=== tests/cases/compiler/index.ts ===
+class Task {}
+>Task : Symbol(Task, Decl(index.ts, 0, 0))
+
+function task(): Task { return new Task(); }
+>task : Symbol(task, Decl(index.ts, 0, 13))
+>Task : Symbol(Task, Decl(index.ts, 0, 0))
+>Task : Symbol(Task, Decl(index.ts, 0, 0))
+
+export const build = task();
+>build : Symbol(build, Decl(index.ts, 4, 12))
+>task : Symbol(task, Decl(index.ts, 0, 13))
+
+export default build;
+>build : Symbol(build, Decl(index.ts, 4, 12))
+
diff --git a/tests/baselines/reference/verbatimModuleSyntaxDefaultValue.types b/tests/baselines/reference/verbatimModuleSyntaxDefaultValue.types
new file mode 100644
index 00000000000..acf1c447d9b
--- /dev/null
+++ b/tests/baselines/reference/verbatimModuleSyntaxDefaultValue.types
@@ -0,0 +1,17 @@
+=== tests/cases/compiler/index.ts ===
+class Task {}
+>Task : Task
+
+function task(): Task { return new Task(); }
+>task : () => Task
+>new Task() : Task
+>Task : typeof Task
+
+export const build = task();
+>build : Task
+>task() : Task
+>task : () => Task
+
+export default build;
+>build : Task
+
diff --git a/tests/cases/compiler/verbatimModuleSyntaxDefaultValue.ts b/tests/cases/compiler/verbatimModuleSyntaxDefaultValue.ts
new file mode 100644
index 00000000000..e3be34a5aae
--- /dev/null
+++ b/tests/cases/compiler/verbatimModuleSyntaxDefaultValue.ts
@@ -0,0 +1,15 @@
+// @verbatimModuleSyntax: true
+// @module: node16
+// @moduleResolution: node16
+// @target: es2018
+
+// @filename: package.json
+{ "name": "foo", "type": "module" }
+
+// @filename: index.ts
+class Task {}
+
+function task(): Task { return new Task(); }
+
+export const build = task();
+export default build;