diff --git a/gcc/config/arm/aarch-common.c b/gcc/config/arm/aarch-common.c
index 812017a8e8d..04a53d75093 100644
--- a/gcc/config/arm/aarch-common.c
+++ b/gcc/config/arm/aarch-common.c
@@ -641,7 +641,7 @@ arm_md_asm_adjust (vec<rtx> &outputs, vec<rtx> & /*inputs*/,
       rtx x = gen_rtx_REG (mode, CC_REGNUM);
       x = gen_rtx_fmt_ee (code, word_mode, x, const0_rtx);
 
-      if (dest_mode == word_mode)
+      if (dest_mode == word_mode && REG_P (dest))
 	emit_insn (gen_rtx_SET (dest, x));
       else
 	{
diff --git a/gcc/testsuite/gcc.target/aarch64/asm-flag-7.c b/gcc/testsuite/gcc.target/aarch64/asm-flag-7.c
new file mode 100644
index 00000000000..6c31b854b0b
--- /dev/null
+++ b/gcc/testsuite/gcc.target/aarch64/asm-flag-7.c
@@ -0,0 +1,22 @@
+/* Test that "=@cc*" works with MEM_P RTX  */
+/* PR target/102941 */
+/* { dg-do compile } */
+/* { dg-options "-O" } */
+
+#ifndef __GCC_ASM_FLAG_OUTPUTS__
+#error "missing preprocessor define"
+#endif
+int test_cmpu_x;
+
+void f(long *);
+long
+test_cmpu_y() {
+  long le;
+  f(&le);
+  __asm__("cmp %"
+          "[x], %"
+          "[y]"
+          : "=@ccls"(le)
+          : [x] ""(test_cmpu_x), [y] ""(test_cmpu_y));
+    return le;
+}
diff --git a/gcc/testsuite/gcc.target/arm/asm-flag-7.c b/gcc/testsuite/gcc.target/arm/asm-flag-7.c
new file mode 100644
index 00000000000..ac11da0a3a8
--- /dev/null
+++ b/gcc/testsuite/gcc.target/arm/asm-flag-7.c
@@ -0,0 +1,23 @@
+/* Test that "=@cc*" works with MEM_P RTX  */
+/* PR target/102941 */
+/* { dg-do compile } */
+/* { dg-options "-O" } */
+/* { dg-skip-if "" { arm_thumb1 } } */
+
+#ifndef __GCC_ASM_FLAG_OUTPUTS__
+#error "missing preprocessor define"
+#endif
+int test_cmpu_x;
+
+void f(long *);
+long
+test_cmpu_y() {
+  long le;
+  f(&le);
+  __asm__("cmp %"
+          "[x], %"
+          "[y]"
+          : "=@ccls"(le)
+          : [x] ""(test_cmpu_x), [y] ""(test_cmpu_y));
+    return le;
+}