diff --git a/libraries/tools/kotlin-gradle-plugin/src/common/kotlin/org/jetbrains/kotlin/gradle/targets/js/ir/CompilerFlags.kt b/libraries/tools/kotlin-gradle-plugin/src/common/kotlin/org/jetbrains/kotlin/gradle/targets/js/ir/CompilerFlags.kt
index 68934656369..489a44fc1ca 100644
--- a/libraries/tools/kotlin-gradle-plugin/src/common/kotlin/org/jetbrains/kotlin/gradle/targets/js/ir/CompilerFlags.kt
+++ b/libraries/tools/kotlin-gradle-plugin/src/common/kotlin/org/jetbrains/kotlin/gradle/targets/js/ir/CompilerFlags.kt
@@ -29,4 +29,4 @@ internal const val PER_MODULE = "-Xir-per-module"
 internal const val PER_MODULE_OUTPUT_NAME = "-Xir-per-module-output-name"
 
 internal const val WASM_BACKEND = "-Xwasm"
-internal const val WASM_WASI_MODE = "-Xwasm-wasi-mode"
+internal const val WASM_TARGET = "-Xwasm-target"
diff --git a/libraries/tools/kotlin-gradle-plugin/src/common/kotlin/org/jetbrains/kotlin/gradle/tasks/configuration/Kotlin2JsCompileConfig.kt b/libraries/tools/kotlin-gradle-plugin/src/common/kotlin/org/jetbrains/kotlin/gradle/tasks/configuration/Kotlin2JsCompileConfig.kt
index f587a418418..724c52ab400 100644
--- a/libraries/tools/kotlin-gradle-plugin/src/common/kotlin/org/jetbrains/kotlin/gradle/tasks/configuration/Kotlin2JsCompileConfig.kt
+++ b/libraries/tools/kotlin-gradle-plugin/src/common/kotlin/org/jetbrains/kotlin/gradle/tasks/configuration/Kotlin2JsCompileConfig.kt
@@ -109,9 +109,8 @@ internal open class BaseKotlin2JsCompileConfig<TASK : Kotlin2JsCompile>(
         if (compilation.platformType == KotlinPlatformType.wasm) {
             add(WASM_BACKEND)
             val wasmTargetType = ((compilation.origin as KotlinJsIrCompilation).target as KotlinJsIrTarget).wasmTargetType!!
-            if (wasmTargetType == KotlinWasmTargetType.WASI) {
-                add(WASM_WASI_MODE)
-            }
+            val targetValue = if (wasmTargetType == KotlinWasmTargetType.WASI) "wasm-wasi" else "wasm-js"
+            add("$WASM_TARGET=$targetValue")
         }
     }
 }
\ No newline at end of file
diff --git a/libraries/tools/kotlin-gradle-plugin/src/common/kotlin/org/jetbrains/kotlin/gradle/tasks/configuration/KotlinJsIrLinkConfig.kt b/libraries/tools/kotlin-gradle-plugin/src/common/kotlin/org/jetbrains/kotlin/gradle/tasks/configuration/KotlinJsIrLinkConfig.kt
index ba0be2a15ab..1f5b3743203 100644
--- a/libraries/tools/kotlin-gradle-plugin/src/common/kotlin/org/jetbrains/kotlin/gradle/tasks/configuration/KotlinJsIrLinkConfig.kt
+++ b/libraries/tools/kotlin-gradle-plugin/src/common/kotlin/org/jetbrains/kotlin/gradle/tasks/configuration/KotlinJsIrLinkConfig.kt
@@ -100,9 +100,8 @@ internal open class KotlinJsIrLinkConfig(
         if (compilation.platformType == KotlinPlatformType.wasm) {
             add(WASM_BACKEND)
             val wasmTargetType = ((compilation.origin as KotlinJsIrCompilation).target as KotlinJsIrTarget).wasmTargetType!!
-            if (wasmTargetType == KotlinWasmTargetType.WASI) {
-                add(WASM_WASI_MODE)
-            }
+            val targetValue = if (wasmTargetType == KotlinWasmTargetType.WASI) "wasm-wasi" else "wasm-js"
+            add("$WASM_TARGET=$targetValue")
         }
     }
 }
\ No newline at end of file