diff --git a/target/ppc/translate.c b/target/ppc/translate.c
index 19c1d17cb0..1de7eca9c4 100644
--- a/target/ppc/translate.c
+++ b/target/ppc/translate.c
@@ -3972,6 +3972,7 @@ static void gen_lqarx(DisasContext *ctx)
     }
     tcg_temp_free(EA);
 
+    tcg_gen_mov_tl(cpu_reserve, EA);
     tcg_gen_st_tl(hi, cpu_env, offsetof(CPUPPCState, reserve_val));
     tcg_gen_st_tl(lo, cpu_env, offsetof(CPUPPCState, reserve_val2));
 }