diff --git a/llvm/lib/Target/AArch64/AArch64LoadStoreOptimizer.cpp b/llvm/lib/Target/AArch64/AArch64LoadStoreOptimizer.cpp
--- a/llvm/lib/Target/AArch64/AArch64LoadStoreOptimizer.cpp
+++ b/llvm/lib/Target/AArch64/AArch64LoadStoreOptimizer.cpp
@@ -1610,7 +1610,13 @@
               !UsedRegUnits.available(getLdStBaseOp(MI).getReg());
           bool IsBaseRegModified =
               !ModifiedRegUnits.available(getLdStBaseOp(MI).getReg());
-          if (IsOutOfBounds || IsBaseRegUsed || IsBaseRegModified) {
+          // If the stored value and the address of the second instruction is
+          // the same, it needs to be using the updated register and therefore
+          // it must not be folded.
+          bool IsMIRegTheSame =
+              getLdStRegOp(MI).getReg() == getLdStBaseOp(MI).getReg();
+          if (IsOutOfBounds || IsBaseRegUsed || IsBaseRegModified ||
+              IsMIRegTheSame) {
             LiveRegUnits::accumulateUsedDefed(MI, ModifiedRegUnits,
                                               UsedRegUnits, TRI);
             MemInsns.push_back(&MI);
diff --git a/llvm/test/CodeGen/AArch64/strpre-str-merge.mir b/llvm/test/CodeGen/AArch64/strpre-str-merge.mir
--- a/llvm/test/CodeGen/AArch64/strpre-str-merge.mir
+++ b/llvm/test/CodeGen/AArch64/strpre-str-merge.mir
@@ -424,3 +424,30 @@
     STRSui killed renamable $s1, renamable $x0, 1 :: (store 4)
     RET undef $lr, implicit $x0
 ...
+
+---
+name:            16-strxpre-strxui-same-reg-no-merge
+alignment:       4
+tracksRegLiveness: true
+liveins:
+  - { reg: '$x0' }
+  - { reg: '$x1' }
+  - { reg: '$x2' }
+frameInfo:
+  maxAlignment:    1
+  maxCallFrameSize: 0
+machineFunctionInfo:
+  hasRedZone:      false
+body:             |
+  bb.0.entry:
+    liveins: $x0, $x1, $x2
+    ; CHECK-LABEL: name: 16-strxpre-strxui-same-reg-no-merge
+    ; CHECK: liveins: $x0, $x1, $x2
+    ; CHECK: early-clobber renamable $x0 = STRXpre renamable $x1, renamable $x0, 24, implicit $w0 :: (store 8)
+    ; CHECK: STRXui renamable $x0, renamable $x0, 1 :: (store 8)
+    ; CHECK: RET undef $lr, implicit $x0
+    early-clobber renamable $x0 = STRXpre killed renamable $x1, killed renamable $x0, 24 :: (store 8)
+    STRXui renamable $x0, renamable $x0, 1 :: (store 8)
+    RET undef $lr, implicit $x0
+
+...