diff --git a/packages/react-devtools-shared/src/backend/ReactSymbols.js b/packages/react-devtools-shared/src/backend/ReactSymbols.js
index 2a79ce83ae0a4..35e64abbeded0 100644
--- a/packages/react-devtools-shared/src/backend/ReactSymbols.js
+++ b/packages/react-devtools-shared/src/backend/ReactSymbols.js
@@ -67,3 +67,7 @@ export const SUSPENSE_LIST_SYMBOL_STRING = 'Symbol(react.suspense_list)';
 
 export const SERVER_CONTEXT_DEFAULT_VALUE_NOT_LOADED_SYMBOL_STRING =
   'Symbol(react.server_context.defaultValue)';
+
+export const REACT_MEMO_CACHE_SENTINEL: symbol = Symbol.for(
+  'react.memo_cache_sentinel',
+);
diff --git a/packages/react-devtools-shared/src/backend/renderer.js b/packages/react-devtools-shared/src/backend/renderer.js
index 1d1bcb15eb39b..2e6cc9b287812 100644
--- a/packages/react-devtools-shared/src/backend/renderer.js
+++ b/packages/react-devtools-shared/src/backend/renderer.js
@@ -86,6 +86,7 @@ import {
   STRICT_MODE_SYMBOL_STRING,
   PROFILER_NUMBER,
   PROFILER_SYMBOL_STRING,
+  REACT_MEMO_CACHE_SENTINEL,
   SCOPE_NUMBER,
   SCOPE_SYMBOL_STRING,
   FORWARD_REF_NUMBER,
@@ -474,8 +475,12 @@ export function getInternalReactConstants(version: string): {
     }
 
     let resolvedContext: any = null;
-    // $FlowFixMe[incompatible-type] fiber.updateQueue is mixed
-    if (!shouldSkipForgetCheck && fiber.updateQueue?.memoCache != null) {
+    if (
+      !shouldSkipForgetCheck &&
+      // $FlowFixMe[incompatible-type] fiber.updateQueue is mixed
+      (fiber.updateQueue?.memoCache != null ||
+        fiber.memoizedState?.memoizedState?.[REACT_MEMO_CACHE_SENTINEL])
+    ) {
       const displayNameWithoutForgetWrapper = getDisplayNameForFiber(
         fiber,
         true,