diff --git a/.changeset/shiny-lizards-allow.md b/.changeset/shiny-lizards-allow.md
new file mode 100644
index 000000000..7fdc751b9
--- /dev/null
+++ b/.changeset/shiny-lizards-allow.md
@@ -0,0 +1,20 @@
+---
+"@preact/signals-react": patch
+---
+
+Added reactivity for components wrapped with `React.forwardRef` and `React.lazy`.
+So since this moment, this code will work as expected: 
+```tsx
+const sig = signal(0)
+setInterval(() => sig.value++, 1000)
+
+const Lazy = React.lazy(() => Promise.resolve({ default: () => <div>{sig.value + 1}</div> }))
+const Forwarded = React.forwardRef(() => <div>{sig.value + 1}</div>)
+
+export const App = () => (
+    <Suspense>
+        <Lazy />
+        <Forwarded />
+    </Suspense>
+)
+```
\ No newline at end of file
diff --git a/packages/react/src/index.ts b/packages/react/src/index.ts
index 570656d71..ddc08ff8c 100644
--- a/packages/react/src/index.ts
+++ b/packages/react/src/index.ts
@@ -4,6 +4,7 @@ import {
 	useEffect,
 	Component,
 	type FunctionComponent,
+	ForwardRefExoticComponent,
 } from "react";
 import React from "react";
 import jsxRuntime from "react/jsx-runtime";
@@ -24,10 +25,16 @@ export { signal, computed, batch, effect, Signal, type ReadonlySignal };
 const Empty = [] as const;
 const ReactElemType = Symbol.for("react.element"); // https://github.com/facebook/react/blob/346c7d4c43a0717302d446da9e7423a8e28d8996/packages/shared/ReactSymbols.js#L15
 const ReactMemoType = Symbol.for("react.memo"); // https://github.com/facebook/react/blob/346c7d4c43a0717302d446da9e7423a8e28d8996/packages/shared/ReactSymbols.js#L30
+const ReactLazyType = Symbol.for("react.lazy"); // https://github.com/facebook/react/blob/346c7d4c43a0717302d446da9e7423a8e28d8996/packages/shared/ReactSymbols.js#L31
+const ReactForwardRefType: symbol = Symbol.for("react.forward_ref"); // https://github.com/facebook/react/blob/346c7d4c43a0717302d446da9e7423a8e28d8996/packages/shared/ReactSymbols.js#L25
 const ProxyInstance = new WeakMap<
 	FunctionComponent<any>,
 	FunctionComponent<any>
 >();
+const ProxyForwardRef = new WeakMap<
+	ForwardRefExoticComponent<any>,
+	ForwardRefExoticComponent<any>
+>();
 const SupportsProxy = typeof Proxy === "function";
 
 const ProxyHandlers = {
@@ -67,6 +74,22 @@ const ProxyHandlers = {
 function ProxyFunctionalComponent(Component: FunctionComponent<any>) {
 	return ProxyInstance.get(Component) || WrapWithProxy(Component);
 }
+function ProxyForwardRefComponent(Component: ForwardRefExoticComponent<any>) {
+	const current = ProxyForwardRef.get(Component);
+	if (current) {
+		return current;
+	}
+	const WrappedComponent: ForwardRefExoticComponent<any> = {
+		$$typeof: ReactForwardRefType,
+		// @ts-expect-error React lies about ForwardRefExtoricComponent type
+		render: ProxyFunctionalComponent(Component.render),
+	};
+
+	ProxyForwardRef.set(Component, WrappedComponent);
+	ProxyForwardRef.set(WrappedComponent, WrappedComponent);
+
+	return WrappedComponent;
+}
 function WrapWithProxy(Component: FunctionComponent<any>) {
 	if (SupportsProxy) {
 		const ProxyComponent = new Proxy(Component, ProxyHandlers);
@@ -166,6 +189,22 @@ function WrapJsx<T>(jsx: T): T {
 			return jsx.call(jsx, type, props, ...rest);
 		}
 
+		if (type && typeof type === "object" && type.$$typeof === ReactLazyType) {
+			return jsx.call(
+				jsx,
+				ProxyFunctionalComponent(type._init(type._payload)),
+				props,
+				...rest
+			);
+		}
+		if (
+			type &&
+			typeof type === "object" &&
+			type.$$typeof === ReactForwardRefType
+		) {
+			return jsx.call(jsx, ProxyForwardRefComponent(type), props, ...rest);
+		}
+
 		if (typeof type === "string" && props) {
 			for (let i in props) {
 				let v = props[i];
diff --git a/packages/react/test/index.test.tsx b/packages/react/test/index.test.tsx
index a4c7f98ef..beefcfae6 100644
--- a/packages/react/test/index.test.tsx
+++ b/packages/react/test/index.test.tsx
@@ -2,7 +2,16 @@
 globalThis.IS_REACT_ACT_ENVIRONMENT = true;
 
 import { signal, useComputed, useSignalEffect } from "@preact/signals-react";
-import { createElement, useMemo, memo, StrictMode, createRef } from "react";
+import {
+	createElement,
+	useMemo,
+	memo,
+	StrictMode,
+	createRef,
+	forwardRef,
+	lazy,
+	Suspense,
+} from "react";
 import { createRoot, Root } from "react-dom/client";
 import { renderToStaticMarkup } from "react-dom/server";
 import { act } from "react-dom/test-utils";
@@ -160,6 +169,79 @@ describe("@preact/signals-react", () => {
 			expect(scratch.textContent).to.equal("bar");
 		});
 
+		it("should update components wrapped with memo via signals", async () => {
+			const sig = signal("foo");
+
+			const Inner = memo(() => {
+				const value = sig.value;
+				return <p>{value}</p>;
+			});
+
+			function App() {
+				return <Inner />;
+			}
+
+			render(<App />);
+			expect(scratch.textContent).to.equal("foo");
+
+			act(() => {
+				sig.value = "bar";
+			});
+			expect(scratch.textContent).to.equal("bar");
+		});
+		it("should update components wrapped with lazy via signals", async () => {
+			const sig = signal("foo");
+
+			const _Inner = () => {
+				const value = sig.value;
+				return <p>{value}</p>;
+			};
+			let pr: undefined | Promise<unknown>;
+			const Inner = lazy(() => (pr = Promise.resolve({ default: _Inner })));
+
+			function App() {
+				return (
+					<Suspense>
+						<Inner />
+					</Suspense>
+				);
+			}
+
+			render(<App />);
+			expect(pr).instanceOf(Promise);
+			expect(scratch.textContent).not.to.equal("foo");
+			await act(async () => {
+				await pr;
+			});
+			expect(scratch.textContent).to.equal("foo");
+
+			act(() => {
+				sig.value = "bar";
+			});
+			expect(scratch.textContent).to.equal("bar");
+		});
+
+		it("should update components wrapped with forwardRef via signals", async () => {
+			const sig = signal("foo");
+
+			const Inner = forwardRef(() => {
+				const value = sig.value;
+				return <p>{value}</p>;
+			});
+
+			function App() {
+				return <Inner />;
+			}
+
+			render(<App />);
+			expect(scratch.textContent).to.equal("foo");
+
+			act(() => {
+				sig.value = "bar";
+			});
+			expect(scratch.textContent).to.equal("bar");
+		});
+
 		it("should consistently rerender in strict mode", async () => {
 			const sig = signal<string>(null!);
 
@@ -200,6 +282,26 @@ describe("@preact/signals-react", () => {
 				expect(scratch.textContent).to.equal(value);
 			}
 		});
+		it("should consistently rerender in strict mode (with forwardRef)", async () => {
+			const sig = signal<string>(null!);
+
+			const Test = forwardRef(() => <p>{sig.value}</p>);
+			const App = () => (
+				<StrictMode>
+					<Test />
+				</StrictMode>
+			);
+
+			for (let i = 0; i < 3; i++) {
+				const value = `${i}`;
+
+				act(() => {
+					sig.value = value;
+					render(<App />);
+				});
+				expect(scratch.textContent).to.equal(value);
+			}
+		});
 		it("should render static markup of a component", async () => {
 			const count = signal(0);