diff --git a/packages/babel-parser/data/schema.json b/packages/babel-parser/data/schema.json
index 569e6747d1b3..ec354824d433 100644
--- a/packages/babel-parser/data/schema.json
+++ b/packages/babel-parser/data/schema.json
@@ -49,6 +49,10 @@
       "description": "By default, a return statement at the top level raises an error.\nSet this to true to accept such code.",
       "type": "boolean"
     },
+    "allowNewTargetOutsideFunction": {
+      "description": "By default, new.target use is not allowed outside of a function or class.\nSet this to true to accept such code.",
+      "type": "boolean"
+    },
     "allowSuperOutsideMethod": {
       "type": "boolean"
     },
diff --git a/packages/babel-parser/src/options.ts b/packages/babel-parser/src/options.ts
index 7abf8ba5d56a..91aaa2593026 100644
--- a/packages/babel-parser/src/options.ts
+++ b/packages/babel-parser/src/options.ts
@@ -12,6 +12,7 @@ export type Options = {
   startLine: number;
   allowAwaitOutsideFunction: boolean;
   allowReturnOutsideFunction: boolean;
+  allowNewTargetOutsideFunction: boolean;
   allowImportExportEverywhere: boolean;
   allowSuperOutsideMethod: boolean;
   allowUndeclaredExports: boolean;
@@ -42,6 +43,9 @@ export const defaultOptions: Options = {
   // When enabled, a return at the top level is not considered an
   // error.
   allowReturnOutsideFunction: false,
+  // When enabled, new.target outside a function or class is not
+  // considered an error.
+  allowNewTargetOutsideFunction: false,
   // When enabled, import/export statements are not constrained to
   // appearing at the top of the program.
   allowImportExportEverywhere: false,
diff --git a/packages/babel-parser/src/parser/expression.ts b/packages/babel-parser/src/parser/expression.ts
index 49f3eb5aa98a..60313e3d7138 100644
--- a/packages/babel-parser/src/parser/expression.ts
+++ b/packages/babel-parser/src/parser/expression.ts
@@ -1880,7 +1880,11 @@ export default abstract class ExpressionParser extends LValParser {
         "target",
       );
 
-      if (!this.scope.inNonArrowFunction && !this.scope.inClass) {
+      if (
+        !this.scope.inNonArrowFunction &&
+        !this.scope.inClass &&
+        !this.options.allowNewTargetOutsideFunction
+      ) {
         this.raise(Errors.UnexpectedNewTarget, { at: metaProp });
       }
 
diff --git a/packages/babel-parser/test/fixtures/core/opts/allowNewTargetOutsideFunction-false-2/input.js b/packages/babel-parser/test/fixtures/core/opts/allowNewTargetOutsideFunction-false-2/input.js
new file mode 100644
index 000000000000..608666efc9bf
--- /dev/null
+++ b/packages/babel-parser/test/fixtures/core/opts/allowNewTargetOutsideFunction-false-2/input.js
@@ -0,0 +1 @@
+const y = () => new.target;
diff --git a/packages/babel-parser/test/fixtures/core/opts/allowNewTargetOutsideFunction-false-2/options.json b/packages/babel-parser/test/fixtures/core/opts/allowNewTargetOutsideFunction-false-2/options.json
new file mode 100644
index 000000000000..88c709852466
--- /dev/null
+++ b/packages/babel-parser/test/fixtures/core/opts/allowNewTargetOutsideFunction-false-2/options.json
@@ -0,0 +1,4 @@
+{
+  "errorRecovery": false,
+  "throws": "`new.target` can only be used in functions or class properties. (1:16)"
+}
diff --git a/packages/babel-parser/test/fixtures/core/opts/allowNewTargetOutsideFunction-false/input.js b/packages/babel-parser/test/fixtures/core/opts/allowNewTargetOutsideFunction-false/input.js
new file mode 100644
index 000000000000..85f7e4833373
--- /dev/null
+++ b/packages/babel-parser/test/fixtures/core/opts/allowNewTargetOutsideFunction-false/input.js
@@ -0,0 +1 @@
+const x = new.target;
diff --git a/packages/babel-parser/test/fixtures/core/opts/allowNewTargetOutsideFunction-false/options.json b/packages/babel-parser/test/fixtures/core/opts/allowNewTargetOutsideFunction-false/options.json
new file mode 100644
index 000000000000..a090fd8b90d8
--- /dev/null
+++ b/packages/babel-parser/test/fixtures/core/opts/allowNewTargetOutsideFunction-false/options.json
@@ -0,0 +1,4 @@
+{
+  "errorRecovery": false,
+  "throws": "`new.target` can only be used in functions or class properties. (1:10)"
+}
diff --git a/packages/babel-parser/test/fixtures/core/opts/allowNewTargetOutsideFunction-true/input.js b/packages/babel-parser/test/fixtures/core/opts/allowNewTargetOutsideFunction-true/input.js
new file mode 100644
index 000000000000..2896f435a2a3
--- /dev/null
+++ b/packages/babel-parser/test/fixtures/core/opts/allowNewTargetOutsideFunction-true/input.js
@@ -0,0 +1,2 @@
+const x = new.target;
+const y = () => new.target;
diff --git a/packages/babel-parser/test/fixtures/core/opts/allowNewTargetOutsideFunction-true/options.json b/packages/babel-parser/test/fixtures/core/opts/allowNewTargetOutsideFunction-true/options.json
new file mode 100644
index 000000000000..ec9099e4a969
--- /dev/null
+++ b/packages/babel-parser/test/fixtures/core/opts/allowNewTargetOutsideFunction-true/options.json
@@ -0,0 +1,4 @@
+{
+  "allowNewTargetOutsideFunction": true,
+  "errorRecovery": false
+}
diff --git a/packages/babel-parser/test/fixtures/core/opts/allowNewTargetOutsideFunction-true/output.json b/packages/babel-parser/test/fixtures/core/opts/allowNewTargetOutsideFunction-true/output.json
new file mode 100644
index 000000000000..53eb2339ca5e
--- /dev/null
+++ b/packages/babel-parser/test/fixtures/core/opts/allowNewTargetOutsideFunction-true/output.json
@@ -0,0 +1,81 @@
+{
+  "type": "File",
+  "start":0,"end":49,"loc":{"start":{"line":1,"column":0,"index":0},"end":{"line":2,"column":27,"index":49}},
+  "program": {
+    "type": "Program",
+    "start":0,"end":49,"loc":{"start":{"line":1,"column":0,"index":0},"end":{"line":2,"column":27,"index":49}},
+    "sourceType": "script",
+    "interpreter": null,
+    "body": [
+      {
+        "type": "VariableDeclaration",
+        "start":0,"end":21,"loc":{"start":{"line":1,"column":0,"index":0},"end":{"line":1,"column":21,"index":21}},
+        "declarations": [
+          {
+            "type": "VariableDeclarator",
+            "start":6,"end":20,"loc":{"start":{"line":1,"column":6,"index":6},"end":{"line":1,"column":20,"index":20}},
+            "id": {
+              "type": "Identifier",
+              "start":6,"end":7,"loc":{"start":{"line":1,"column":6,"index":6},"end":{"line":1,"column":7,"index":7},"identifierName":"x"},
+              "name": "x"
+            },
+            "init": {
+              "type": "MetaProperty",
+              "start":10,"end":20,"loc":{"start":{"line":1,"column":10,"index":10},"end":{"line":1,"column":20,"index":20}},
+              "meta": {
+                "type": "Identifier",
+                "start":10,"end":13,"loc":{"start":{"line":1,"column":10,"index":10},"end":{"line":1,"column":13,"index":13},"identifierName":"new"},
+                "name": "new"
+              },
+              "property": {
+                "type": "Identifier",
+                "start":14,"end":20,"loc":{"start":{"line":1,"column":14,"index":14},"end":{"line":1,"column":20,"index":20},"identifierName":"target"},
+                "name": "target"
+              }
+            }
+          }
+        ],
+        "kind": "const"
+      },
+      {
+        "type": "VariableDeclaration",
+        "start":22,"end":49,"loc":{"start":{"line":2,"column":0,"index":22},"end":{"line":2,"column":27,"index":49}},
+        "declarations": [
+          {
+            "type": "VariableDeclarator",
+            "start":28,"end":48,"loc":{"start":{"line":2,"column":6,"index":28},"end":{"line":2,"column":26,"index":48}},
+            "id": {
+              "type": "Identifier",
+              "start":28,"end":29,"loc":{"start":{"line":2,"column":6,"index":28},"end":{"line":2,"column":7,"index":29},"identifierName":"y"},
+              "name": "y"
+            },
+            "init": {
+              "type": "ArrowFunctionExpression",
+              "start":32,"end":48,"loc":{"start":{"line":2,"column":10,"index":32},"end":{"line":2,"column":26,"index":48}},
+              "id": null,
+              "generator": false,
+              "async": false,
+              "params": [],
+              "body": {
+                "type": "MetaProperty",
+                "start":38,"end":48,"loc":{"start":{"line":2,"column":16,"index":38},"end":{"line":2,"column":26,"index":48}},
+                "meta": {
+                  "type": "Identifier",
+                  "start":38,"end":41,"loc":{"start":{"line":2,"column":16,"index":38},"end":{"line":2,"column":19,"index":41},"identifierName":"new"},
+                  "name": "new"
+                },
+                "property": {
+                  "type": "Identifier",
+                  "start":42,"end":48,"loc":{"start":{"line":2,"column":20,"index":42},"end":{"line":2,"column":26,"index":48},"identifierName":"target"},
+                  "name": "target"
+                }
+              }
+            }
+          }
+        ],
+        "kind": "const"
+      }
+    ],
+    "directives": []
+  }
+}
diff --git a/packages/babel-parser/typings/babel-parser.d.ts b/packages/babel-parser/typings/babel-parser.d.ts
index b806352dbb35..e04fb4fb9459 100644
--- a/packages/babel-parser/typings/babel-parser.d.ts
+++ b/packages/babel-parser/typings/babel-parser.d.ts
@@ -122,6 +122,12 @@ interface ParserOptions {
    */
   allowReturnOutsideFunction?: boolean;
 
+  /**
+   * By default, new.target use is not allowed outside of a function or class.
+   * Set this to true to accept such code.
+   */
+  allowNewTargetOutsideFunction?: boolean;
+
   allowSuperOutsideMethod?: boolean;
 
   /**