diff --git a/packages/react-devtools-shared/src/__tests__/store-test.js b/packages/react-devtools-shared/src/__tests__/store-test.js
index 3638852c20b..c02d8130c30 100644
--- a/packages/react-devtools-shared/src/__tests__/store-test.js
+++ b/packages/react-devtools-shared/src/__tests__/store-test.js
@@ -1546,7 +1546,7 @@ describe('Store', () => {
           ▸ <Wrapper>
       `);
 
-      const deepestedNodeID = agent.getIDForHostInstance(ref.current);
+      const deepestedNodeID = agent.getIDForHostInstance(ref.current).id;
 
       await act(() => store.toggleIsCollapsed(deepestedNodeID, false));
       expect(store).toMatchInlineSnapshot(`
diff --git a/packages/react-devtools-shared/src/backend/agent.js b/packages/react-devtools-shared/src/backend/agent.js
index fce8fe626d4..42fbbc9648a 100644
--- a/packages/react-devtools-shared/src/backend/agent.js
+++ b/packages/react-devtools-shared/src/backend/agent.js
@@ -455,7 +455,10 @@ export default class Agent extends EventEmitter<{
     return renderer.getInstanceAndStyle(id);
   }
 
-  getIDForHostInstance(target: HostInstance): number | null {
+  getIDForHostInstance(
+    target: HostInstance,
+    onlySuspenseNodes?: boolean,
+  ): null | {id: number, rendererID: number} {
     if (isReactNativeEnvironment() || typeof target.nodeType !== 'number') {
       // In React Native or non-DOM we simply pick any renderer that has a match.
       for (const rendererID in this._rendererInterfaces) {
@@ -463,9 +466,14 @@ export default class Agent extends EventEmitter<{
           (rendererID: any)
         ]: any): RendererInterface);
         try {
-          const match = renderer.getElementIDForHostInstance(target);
-          if (match != null) {
-            return match;
+          const id = onlySuspenseNodes
+            ? renderer.getSuspenseNodeIDForHostInstance(target)
+            : renderer.getElementIDForHostInstance(target);
+          if (id !== null) {
+            return {
+              id: id,
+              rendererID: +rendererID,
+            };
           }
         } catch (error) {
           // Some old React versions might throw if they can't find a match.
@@ -478,6 +486,7 @@ export default class Agent extends EventEmitter<{
       // that is registered if there isn't an exact match.
       let bestMatch: null | Element = null;
       let bestRenderer: null | RendererInterface = null;
+      let bestRendererID: number = 0;
       // Find the nearest ancestor which is mounted by a React.
       for (const rendererID in this._rendererInterfaces) {
         const renderer = ((this._rendererInterfaces[
@@ -491,6 +500,7 @@ export default class Agent extends EventEmitter<{
             // Exact match we can exit early.
             bestMatch = nearestNode;
             bestRenderer = renderer;
+            bestRendererID = +rendererID;
             break;
           }
           if (bestMatch === null || bestMatch.contains(nearestNode)) {
@@ -498,12 +508,21 @@ export default class Agent extends EventEmitter<{
             // so the new match is a deeper and therefore better match.
             bestMatch = nearestNode;
             bestRenderer = renderer;
+            bestRendererID = +rendererID;
           }
         }
       }
       if (bestRenderer != null && bestMatch != null) {
         try {
-          return bestRenderer.getElementIDForHostInstance(bestMatch);
+          const id = onlySuspenseNodes
+            ? bestRenderer.getSuspenseNodeIDForHostInstance(bestMatch)
+            : bestRenderer.getElementIDForHostInstance(bestMatch);
+          if (id !== null) {
+            return {
+              id,
+              rendererID: bestRendererID,
+            };
+          }
         } catch (error) {
           // Some old React versions might throw if they can't find a match.
           // If so we should ignore it...
@@ -514,65 +533,14 @@ export default class Agent extends EventEmitter<{
   }
 
   getComponentNameForHostInstance(target: HostInstance): string | null {
-    // We duplicate this code from getIDForHostInstance to avoid an object allocation.
-    if (isReactNativeEnvironment() || typeof target.nodeType !== 'number') {
-      // In React Native or non-DOM we simply pick any renderer that has a match.
-      for (const rendererID in this._rendererInterfaces) {
-        const renderer = ((this._rendererInterfaces[
-          (rendererID: any)
-        ]: any): RendererInterface);
-        try {
-          const id = renderer.getElementIDForHostInstance(target);
-          if (id) {
-            return renderer.getDisplayNameForElementID(id);
-          }
-        } catch (error) {
-          // Some old React versions might throw if they can't find a match.
-          // If so we should ignore it...
-        }
-      }
-      return null;
-    } else {
-      // In the DOM we use a smarter mechanism to find the deepest a DOM node
-      // that is registered if there isn't an exact match.
-      let bestMatch: null | Element = null;
-      let bestRenderer: null | RendererInterface = null;
-      // Find the nearest ancestor which is mounted by a React.
-      for (const rendererID in this._rendererInterfaces) {
-        const renderer = ((this._rendererInterfaces[
-          (rendererID: any)
-        ]: any): RendererInterface);
-        const nearestNode: null | Element = renderer.getNearestMountedDOMNode(
-          (target: any),
-        );
-        if (nearestNode !== null) {
-          if (nearestNode === target) {
-            // Exact match we can exit early.
-            bestMatch = nearestNode;
-            bestRenderer = renderer;
-            break;
-          }
-          if (bestMatch === null || bestMatch.contains(nearestNode)) {
-            // If this is the first match or the previous match contains the new match,
-            // so the new match is a deeper and therefore better match.
-            bestMatch = nearestNode;
-            bestRenderer = renderer;
-          }
-        }
-      }
-      if (bestRenderer != null && bestMatch != null) {
-        try {
-          const id = bestRenderer.getElementIDForHostInstance(bestMatch);
-          if (id) {
-            return bestRenderer.getDisplayNameForElementID(id);
-          }
-        } catch (error) {
-          // Some old React versions might throw if they can't find a match.
-          // If so we should ignore it...
-        }
-      }
-      return null;
+    const match = this.getIDForHostInstance(target);
+    if (match !== null) {
+      const renderer = ((this._rendererInterfaces[
+        (match.rendererID: any)
+      ]: any): RendererInterface);
+      return renderer.getDisplayNameForElementID(match.id);
     }
+    return null;
   }
 
   getBackendVersion: () => void = () => {
@@ -971,9 +939,9 @@ export default class Agent extends EventEmitter<{
   };
 
   selectNode(target: HostInstance): void {
-    const id = this.getIDForHostInstance(target);
-    if (id !== null) {
-      this._bridge.send('selectElement', id);
+    const match = this.getIDForHostInstance(target);
+    if (match !== null) {
+      this._bridge.send('selectElement', match.id);
     }
   }
 
diff --git a/packages/react-devtools-shared/src/backend/fiber/renderer.js b/packages/react-devtools-shared/src/backend/fiber/renderer.js
index b7fe41b96c5..47902a44382 100644
--- a/packages/react-devtools-shared/src/backend/fiber/renderer.js
+++ b/packages/react-devtools-shared/src/backend/fiber/renderer.js
@@ -5793,7 +5793,28 @@ export function attach(
       return null;
     }
     if (devtoolsInstance.kind === FIBER_INSTANCE) {
-      return getDisplayNameForFiber(devtoolsInstance.data);
+      const fiber = devtoolsInstance.data;
+      if (fiber.tag === HostRoot) {
+        // The only reason you'd inspect a HostRoot is to show it as a SuspenseNode.
+        return 'Initial Paint';
+      }
+      if (fiber.tag === SuspenseComponent || fiber.tag === ActivityComponent) {
+        // For Suspense and Activity components, we can show a better name
+        // by using the name prop or their owner.
+        const props = fiber.memoizedProps;
+        if (props.name != null) {
+          return props.name;
+        }
+        const owner = getUnfilteredOwner(fiber);
+        if (owner != null) {
+          if (typeof owner.tag === 'number') {
+            return getDisplayNameForFiber((owner: any));
+          } else {
+            return owner.name || '';
+          }
+        }
+      }
+      return getDisplayNameForFiber(fiber);
     } else {
       return devtoolsInstance.data.name || '';
     }
@@ -5834,6 +5855,28 @@ export function attach(
     return null;
   }
 
+  function getSuspenseNodeIDForHostInstance(
+    publicInstance: HostInstance,
+  ): number | null {
+    const instance = publicInstanceToDevToolsInstanceMap.get(publicInstance);
+    if (instance !== undefined) {
+      // Pick nearest unfiltered SuspenseNode instance.
+      let suspenseInstance = instance;
+      while (
+        suspenseInstance.suspenseNode === null ||
+        suspenseInstance.kind === FILTERED_FIBER_INSTANCE
+      ) {
+        if (suspenseInstance.parent === null) {
+          // We shouldn't get here since we'll always have a suspenseNode at the root.
+          return null;
+        }
+        suspenseInstance = suspenseInstance.parent;
+      }
+      return suspenseInstance.id;
+    }
+    return null;
+  }
+
   function getElementAttributeByPath(
     id: number,
     path: Array<string | number>,
@@ -8630,6 +8673,7 @@ export function attach(
     getDisplayNameForElementID,
     getNearestMountedDOMNode,
     getElementIDForHostInstance,
+    getSuspenseNodeIDForHostInstance,
     getInstanceAndStyle,
     getOwnersList,
     getPathForElement,
diff --git a/packages/react-devtools-shared/src/backend/flight/renderer.js b/packages/react-devtools-shared/src/backend/flight/renderer.js
index d0dc9094334..e26525a0d60 100644
--- a/packages/react-devtools-shared/src/backend/flight/renderer.js
+++ b/packages/react-devtools-shared/src/backend/flight/renderer.js
@@ -169,6 +169,9 @@ export function attach(
     getElementIDForHostInstance() {
       return null;
     },
+    getSuspenseNodeIDForHostInstance() {
+      return null;
+    },
     getInstanceAndStyle() {
       return {
         instance: null,
diff --git a/packages/react-devtools-shared/src/backend/legacy/renderer.js b/packages/react-devtools-shared/src/backend/legacy/renderer.js
index 1262a8d4647..ccd9cdac3e0 100644
--- a/packages/react-devtools-shared/src/backend/legacy/renderer.js
+++ b/packages/react-devtools-shared/src/backend/legacy/renderer.js
@@ -1269,6 +1269,9 @@ export function attach(
     getDisplayNameForElementID,
     getNearestMountedDOMNode,
     getElementIDForHostInstance,
+    getSuspenseNodeIDForHostInstance(id: number): null {
+      return null;
+    },
     getInstanceAndStyle,
     findHostInstancesForElementID: (id: number) => {
       const hostInstance = findHostInstanceForInternalID(id);
diff --git a/packages/react-devtools-shared/src/backend/types.js b/packages/react-devtools-shared/src/backend/types.js
index 1052dc9d75b..67d6a5f834b 100644
--- a/packages/react-devtools-shared/src/backend/types.js
+++ b/packages/react-devtools-shared/src/backend/types.js
@@ -427,6 +427,7 @@ export type RendererInterface = {
   getComponentStack?: GetComponentStack,
   getNearestMountedDOMNode: (component: Element) => Element | null,
   getElementIDForHostInstance: GetElementIDForHostInstance,
+  getSuspenseNodeIDForHostInstance: GetElementIDForHostInstance,
   getDisplayNameForElementID: GetDisplayNameForElementID,
   getInstanceAndStyle(id: number): InstanceAndStyle,
   getProfilingData(): ProfilingDataBackend,
diff --git a/packages/react-devtools-shared/src/backend/views/Highlighter/index.js b/packages/react-devtools-shared/src/backend/views/Highlighter/index.js
index 894c4fba944..b67b3964ed5 100644
--- a/packages/react-devtools-shared/src/backend/views/Highlighter/index.js
+++ b/packages/react-devtools-shared/src/backend/views/Highlighter/index.js
@@ -20,6 +20,7 @@ import type {RendererInterface} from '../../types';
 // That is done by the React Native Inspector component.
 
 let iframesListeningTo: Set<HTMLIFrameElement> = new Set();
+let inspectOnlySuspenseNodes = false;
 
 export default function setupHighlighter(
   bridge: BackendBridge,
@@ -33,7 +34,8 @@ export default function setupHighlighter(
   bridge.addListener('startInspectingHost', startInspectingHost);
   bridge.addListener('stopInspectingHost', stopInspectingHost);
 
-  function startInspectingHost() {
+  function startInspectingHost(onlySuspenseNodes: boolean) {
+    inspectOnlySuspenseNodes = onlySuspenseNodes;
     registerListenersOnWindow(window);
   }
 
@@ -363,9 +365,37 @@ export default function setupHighlighter(
       }
     }
 
-    // Don't pass the name explicitly.
-    // It will be inferred from DOM tag and Fiber owner.
-    showOverlay([target], null, agent, false);
+    if (inspectOnlySuspenseNodes) {
+      // For Suspense nodes we want to highlight not the actual target but the nodes
+      // that are the root of the Suspense node.
+      // TODO: Consider if we should just do the same for other elements because the
+      // hovered node might just be one child of many in the Component.
+      const match = agent.getIDForHostInstance(
+        target,
+        inspectOnlySuspenseNodes,
+      );
+      if (match !== null) {
+        const renderer = agent.rendererInterfaces[match.rendererID];
+        if (renderer == null) {
+          console.warn(
+            `Invalid renderer id "${match.rendererID}" for element "${match.id}"`,
+          );
+          return;
+        }
+        highlightHostInstance({
+          displayName: renderer.getDisplayNameForElementID(match.id),
+          hideAfterTimeout: false,
+          id: match.id,
+          openBuiltinElementsPanel: false,
+          rendererID: match.rendererID,
+          scrollIntoView: false,
+        });
+      }
+    } else {
+      // Don't pass the name explicitly.
+      // It will be inferred from DOM tag and Fiber owner.
+      showOverlay([target], null, agent, false);
+    }
   }
 
   function onPointerUp(event: MouseEvent) {
@@ -374,9 +404,9 @@ export default function setupHighlighter(
   }
 
   const selectElementForNode = (node: HTMLElement) => {
-    const id = agent.getIDForHostInstance(node);
-    if (id !== null) {
-      bridge.send('selectElement', id);
+    const match = agent.getIDForHostInstance(node, inspectOnlySuspenseNodes);
+    if (match !== null) {
+      bridge.send('selectElement', match.id);
     }
   };
 
diff --git a/packages/react-devtools-shared/src/bridge.js b/packages/react-devtools-shared/src/bridge.js
index 3162dc215ff..683b3419202 100644
--- a/packages/react-devtools-shared/src/bridge.js
+++ b/packages/react-devtools-shared/src/bridge.js
@@ -266,7 +266,7 @@ type FrontendEvents = {
   savedPreferences: [SavedPreferencesParams],
   setTraceUpdatesEnabled: [boolean],
   shutdown: [],
-  startInspectingHost: [],
+  startInspectingHost: [boolean],
   startProfiling: [StartProfilingParams],
   stopInspectingHost: [],
   scrollToHostInstance: [ScrollToHostInstance],
diff --git a/packages/react-devtools-shared/src/devtools/views/Components/InspectHostNodesToggle.js b/packages/react-devtools-shared/src/devtools/views/Components/InspectHostNodesToggle.js
index 17a7b049cc9..1b8fd54dc5c 100644
--- a/packages/react-devtools-shared/src/devtools/views/Components/InspectHostNodesToggle.js
+++ b/packages/react-devtools-shared/src/devtools/views/Components/InspectHostNodesToggle.js
@@ -14,7 +14,11 @@ import Toggle from '../Toggle';
 import ButtonIcon from '../ButtonIcon';
 import {logEvent} from 'react-devtools-shared/src/Logger';
 
-export default function InspectHostNodesToggle(): React.Node {
+export default function InspectHostNodesToggle({
+  onlySuspenseNodes,
+}: {
+  onlySuspenseNodes?: boolean,
+}): React.Node {
   const [isInspecting, setIsInspecting] = useState(false);
   const bridge = useContext(BridgeContext);
 
@@ -24,7 +28,7 @@ export default function InspectHostNodesToggle(): React.Node {
 
       if (isChecked) {
         logEvent({event_name: 'inspect-element-button-clicked'});
-        bridge.send('startInspectingHost');
+        bridge.send('startInspectingHost', !!onlySuspenseNodes);
       } else {
         bridge.send('stopInspectingHost');
       }
diff --git a/packages/react-devtools-shared/src/devtools/views/SuspenseTab/SuspenseTab.js b/packages/react-devtools-shared/src/devtools/views/SuspenseTab/SuspenseTab.js
index 9ade19c3307..1344faf0a29 100644
--- a/packages/react-devtools-shared/src/devtools/views/SuspenseTab/SuspenseTab.js
+++ b/packages/react-devtools-shared/src/devtools/views/SuspenseTab/SuspenseTab.js
@@ -14,6 +14,7 @@ import {
   useLayoutEffect,
   useReducer,
   useRef,
+  Fragment,
 } from 'react';
 
 import {
@@ -21,6 +22,7 @@ import {
   localStorageSetItem,
 } from 'react-devtools-shared/src/storage';
 import ButtonIcon, {type IconType} from '../ButtonIcon';
+import InspectHostNodesToggle from '../Components/InspectHostNodesToggle';
 import InspectedElementErrorBoundary from '../Components/InspectedElementErrorBoundary';
 import InspectedElement from '../Components/InspectedElement';
 import portaledContent from '../portaledContent';
@@ -156,6 +158,7 @@ function ToggleInspectedElement({
 }
 
 function SuspenseTab(_: {}) {
+  const store = useContext(StoreContext);
   const {hideSettings} = useContext(OptionsContext);
   const [state, dispatch] = useReducer<LayoutState, null, LayoutAction>(
     layoutReducer,
@@ -367,6 +370,12 @@ function SuspenseTab(_: {}) {
               ) : (
                 <ToggleTreeList dispatch={dispatch} state={state} />
               )}
+              {store.supportsClickToInspect && (
+                <Fragment>
+                  <InspectHostNodesToggle onlySuspenseNodes={true} />
+                  <div className={styles.VRule} />
+                </Fragment>
+              )}
               <div className={styles.SuspenseBreadcrumbs}>
                 <SuspenseBreadcrumbs />
               </div>