diff --git a/packages/@react-spectrum/s2/test/Picker.test.tsx b/packages/@react-spectrum/s2/test/Picker.test.tsx
index 05d59184f1e..20192fd6b39 100644
--- a/packages/@react-spectrum/s2/test/Picker.test.tsx
+++ b/packages/@react-spectrum/s2/test/Picker.test.tsx
@@ -180,6 +180,40 @@ describe('Picker', () => {
     expect(tree.getByTestId('custom-value')).toHaveTextContent('Chocolate, Vanilla');
   });
 
+  it('supports shift+click to select a range in multi-selection', async () => {
+    let user = userEvent.setup({delay: null, pointerMap});
+    let items = [
+      {id: 'chocolate', name: 'Chocolate'},
+      {id: 'strawberry', name: 'Strawberry'},
+      {id: 'vanilla', name: 'Vanilla'}
+    ];
+    let tree = render(
+      <Picker label="Test picker" selectionMode="multiple" items={items}>
+        {(item: any) => (
+          <PickerItem id={item.id} textValue={item.name}>
+            {item.name}
+          </PickerItem>
+        )}
+      </Picker>
+    );
+
+    let selectTester = testUtilUser.createTester('Select', {
+      root: tree.container,
+      interactionType: 'mouse'
+    });
+    await selectTester.open();
+    let options = selectTester.getOptions();
+
+    await user.click(options[0]);
+    await user.keyboard('{Shift>}');
+    await user.click(options[2]);
+    await user.keyboard('{/Shift}');
+
+    expect(options[0]).toHaveAttribute('aria-selected', 'true');
+    expect(options[1]).toHaveAttribute('aria-selected', 'true');
+    expect(options[2]).toHaveAttribute('aria-selected', 'true');
+  });
+
   it('should warn if the custom render value output has a interactive child', async () => {
     using spy = jest.spyOn(console, 'warn').mockImplementation(() => {}) as jest.SpyInstance &
       Disposable;
diff --git a/packages/react-aria-components/test/Select.test.js b/packages/react-aria-components/test/Select.test.js
index df4906037d2..56e6ac0a251 100644
--- a/packages/react-aria-components/test/Select.test.js
+++ b/packages/react-aria-components/test/Select.test.js
@@ -846,6 +846,50 @@ describe('Select', () => {
     expect(trigger).toHaveTextContent('2 selected items');
   });
 
+  it('supports shift+click to select a range in multi-selection', async () => {
+    let {getByTestId} = render(<TestSelect selectionMode="multiple" />);
+    let selectTester = testUtilUser.createTester('Select', {root: getByTestId('select')});
+
+    await selectTester.open();
+    let options = selectTester.getOptions();
+
+    await user.click(options[0]);
+    expect(options[0]).toHaveAttribute('aria-selected', 'true');
+
+    await user.keyboard('{Shift>}');
+    await user.click(options[2]);
+    await user.keyboard('{/Shift}');
+
+    expect(options[0]).toHaveAttribute('aria-selected', 'true');
+    expect(options[1]).toHaveAttribute('aria-selected', 'true');
+    expect(options[2]).toHaveAttribute('aria-selected', 'true');
+  });
+
+  it('keeps a stable anchor across consecutive shift+clicks', async () => {
+    let {getByTestId} = render(<TestSelect selectionMode="multiple" />);
+    let selectTester = testUtilUser.createTester('Select', {root: getByTestId('select')});
+
+    await selectTester.open();
+    let options = selectTester.getOptions();
+
+    await user.click(options[0]);
+
+    await user.keyboard('{Shift>}');
+    await user.click(options[2]);
+    expect(options[0]).toHaveAttribute('aria-selected', 'true');
+    expect(options[1]).toHaveAttribute('aria-selected', 'true');
+    expect(options[2]).toHaveAttribute('aria-selected', 'true');
+
+    // Shift+click again from the same anchor: the range shrinks rather than the
+    // anchor jumping to the previous target.
+    await user.click(options[1]);
+    await user.keyboard('{/Shift}');
+
+    expect(options[0]).toHaveAttribute('aria-selected', 'true');
+    expect(options[1]).toHaveAttribute('aria-selected', 'true');
+    expect(options[2]).toHaveAttribute('aria-selected', 'false');
+  });
+
   it('has a value immediately after rendering', async () => {
     function Example() {
       const ref = useRef(null);
diff --git a/packages/react-stately/src/select/useSelectState.ts b/packages/react-stately/src/select/useSelectState.ts
index beb206ddc2c..adb6264a413 100644
--- a/packages/react-stately/src/select/useSelectState.ts
+++ b/packages/react-stately/src/select/useSelectState.ts
@@ -29,7 +29,7 @@ import {FormValidationState, useFormValidationState} from '../form/useFormValida
 import {ListState, useListState} from '../list/useListState';
 import {OverlayTriggerState, useOverlayTriggerState} from '../overlays/useOverlayTriggerState';
 import {useControlledState} from '../utils/useControlledState';
-import {useMemo, useState} from 'react';
+import {useMemo, useRef, useState} from 'react';
 
 export type SelectionMode = 'single' | 'multiple';
 export type ValueType<M extends SelectionMode> = M extends 'single' ? Key | null : readonly Key[];
@@ -196,12 +196,27 @@ export function useSelectState<T, M extends SelectionMode = 'single'>(
     }
   };
 
+  // Preserve the selection's anchor (anchorKey/currentKey) across renders. The
+  // multiple-selection `value` is a plain Key[], so without this the listbox
+  // would rebuild an anchorless Selection on every render and range selection
+  // (shift+click / shift+arrow) would collapse to just the clicked item. We keep
+  // the last Selection produced internally and feed it back while its membership
+  // still matches `value`.
+  let lastSelection = useRef<Set<Key> | null>(null);
+
   let listState = useListState({
     ...props,
     selectionMode,
     disallowEmptySelection: selectionMode === 'single',
     allowDuplicateSelectionEvents: true,
-    selectedKeys: useMemo(() => convertValue(displayValue), [displayValue]),
+    selectedKeys: useMemo(() => {
+      let selectedKeys = convertValue(displayValue);
+      let last = lastSelection.current;
+      if (last != null && Array.isArray(selectedKeys) && isSameSelection(last, selectedKeys)) {
+        return last;
+      }
+      return selectedKeys;
+    }, [displayValue]),
     onSelectionChange: (keys: Selection) => {
       // impossible, but TS doesn't know that
       if (keys === 'all') {
@@ -212,6 +227,9 @@ export function useSelectState<T, M extends SelectionMode = 'single'>(
         let key = keys.values().next().value ?? null;
         setValue(key);
       } else {
+        // Remember the Selection (with its anchor) so it survives the round-trip
+        // through the plain `value` array on the next render.
+        lastSelection.current = keys;
         setValue([...keys]);
       }
       if (shouldCloseOnSelect) {
@@ -278,3 +296,15 @@ function convertValue(value: Key | Key[] | null | undefined) {
   }
   return Array.isArray(value) ? value : [value];
 }
+
+function isSameSelection(selection: Set<Key>, keys: Key[]): boolean {
+  if (selection.size !== keys.length) {
+    return false;
+  }
+  for (let key of keys) {
+    if (!selection.has(key)) {
+      return false;
+    }
+  }
+  return true;
+}