diff --git a/CHANGELOG.md b/CHANGELOG.md
index 475ea286711..613f859a6ba 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -26,6 +26,7 @@
 
 * [#8346](https://github.com/rubocop-hq/rubocop/pull/8346): Allow parentheses in single-line inheritance with `Style/MethodCallWithArgsParentheses` `EnforcedStyle: omit_parentheses` to fix invalid Ruby auto-correction. ([@gsamokovarov][])
 * [#8324](https://github.com/rubocop-hq/rubocop/issues/8324): Fix crash for `Layout/SpaceAroundMethodCallOperator` when using `Proc#call` shorthand syntax. ([@fatkodima][])
+* [#8332](https://github.com/rubocop-hq/rubocop/pull/8332): Fix auto-correct in `Style/ConditionalAssignment` to preserve constant namespace. ([@biinari][])
 * [#8344](https://github.com/rubocop-hq/rubocop/issues/8344): Fix crash for `Style/CaseLikeIf` when checking against `equal?` and `match?` without a receiver. ([@fatkodima][])
 * [#8323](https://github.com/rubocop-hq/rubocop/issues/8323): Fix a false positive for `Style/HashAsLastArrayItem` when hash is not a last array item. ([@fatkodima][])
 * [#8299](https://github.com/rubocop-hq/rubocop/issues/8299): Fix an incorrect auto-correct for `Style/RedundantCondition` when using `raise`, `rescue`, or `and` without argument parentheses in `else`. ([@koic][])
diff --git a/lib/rubocop/cop/style/conditional_assignment.rb b/lib/rubocop/cop/style/conditional_assignment.rb
index baa1cf62618..c68be1a4abe 100644
--- a/lib/rubocop/cop/style/conditional_assignment.rb
+++ b/lib/rubocop/cop/style/conditional_assignment.rb
@@ -43,7 +43,7 @@ def lhs(node)
           when :and_asgn, :or_asgn
             "#{node.children[0].source} #{node.loc.operator.source} "
           when :casgn
-            "#{node.children[1]} = "
+            lhs_for_casgn(node)
           when *ConditionalAssignment::VARIABLE_ASSIGNMENT_TYPES
             "#{node.children[0]} = "
           else
@@ -93,6 +93,15 @@ def lhs_for_send(node)
           end
         end
 
+        def lhs_for_casgn(node)
+          namespace = node.children[0]
+          if namespace.nil? || namespace.cbase_type?
+            "#{namespace&.source}#{node.children[1]} = "
+          else
+            "#{namespace.source}::#{node.children[1]} = "
+          end
+        end
+
         def setter_method?(method_name)
           method_name.to_s.end_with?(EQUAL) &&
             !%i[!= == === >= <=].include?(method_name)
diff --git a/spec/rubocop/cop/style/conditional_assignment_assign_to_condition_spec.rb b/spec/rubocop/cop/style/conditional_assignment_assign_to_condition_spec.rb
index f267aec9ca3..1870f35b115 100644
--- a/spec/rubocop/cop/style/conditional_assignment_assign_to_condition_spec.rb
+++ b/spec/rubocop/cop/style/conditional_assignment_assign_to_condition_spec.rb
@@ -1376,6 +1376,44 @@
       end
     end
 
+    context 'constant assignment' do
+      it 'corrects if..else with namespaced constant' do
+        expect_offense(<<~RUBY)
+          if something
+          ^^^^^^^^^^^^ Use the return of the conditional for variable assignment and comparison.
+            FOO::BAR = 1
+          else
+            FOO::BAR = 2
+          end
+        RUBY
+        expect_correction(<<~RUBY)
+          FOO::BAR = if something
+            1
+          else
+            2
+          end
+        RUBY
+      end
+
+      it 'corrects if..else with top-level constant' do
+        expect_offense(<<~RUBY)
+          if something
+          ^^^^^^^^^^^^ Use the return of the conditional for variable assignment and comparison.
+            ::BAR = 1
+          else
+            ::BAR = 2
+          end
+        RUBY
+        expect_correction(<<~RUBY)
+          ::BAR = if something
+            1
+          else
+            2
+          end
+        RUBY
+      end
+    end
+
     context 'self.attribute= assignment' do
       it 'corrects if..else' do
         expect_offense(<<~RUBY)