diff --git a/.github/workflows/appsec.yml b/.github/workflows/appsec.yml
index f41b18f9d53..f7b07a02692 100644
--- a/.github/workflows/appsec.yml
+++ b/.github/workflows/appsec.yml
@@ -122,7 +122,7 @@ jobs:
   express:
     runs-on: ubuntu-latest
     env:
-      PLUGINS: express|body-parser|cookie-parser
+      PLUGINS: express|body-parser|cookie-parser|handlebars
     steps:
       - uses: actions/checkout@v4
       - uses: ./.github/actions/node/setup
diff --git a/packages/datadog-instrumentations/src/handlebars.js b/packages/datadog-instrumentations/src/handlebars.js
new file mode 100644
index 00000000000..4acb1a6c89c
--- /dev/null
+++ b/packages/datadog-instrumentations/src/handlebars.js
@@ -0,0 +1,22 @@
+'use strict'
+
+const shimmer = require('../../datadog-shimmer')
+const { channel, addHook } = require('./helpers/instrument')
+
+const handlebarsReadCh = channel('datadog:handlebars:compile:start')
+
+function wrapCompile (compile) {
+  return function () {
+    if (handlebarsReadCh.hasSubscribers) {
+      const source = arguments[0]
+      handlebarsReadCh.publish({ source })
+    }
+    return compile.apply(this, arguments)
+  }
+}
+
+addHook({ name: 'handlebars', file: 'dist/cjs/handlebars/compiler/compiler.js', versions: ['>=4.0.0'] }, compiler => {
+  shimmer.wrap(compiler, 'compile', wrapCompile)
+  shimmer.wrap(compiler, 'precompile', wrapCompile)
+  return compiler
+})
diff --git a/packages/datadog-instrumentations/src/helpers/hooks.js b/packages/datadog-instrumentations/src/helpers/hooks.js
index 62d45e37008..5d8eed7292e 100644
--- a/packages/datadog-instrumentations/src/helpers/hooks.js
+++ b/packages/datadog-instrumentations/src/helpers/hooks.js
@@ -51,6 +51,7 @@ module.exports = {
   'generic-pool': () => require('../generic-pool'),
   graphql: () => require('../graphql'),
   grpc: () => require('../grpc'),
+  handlebars: () => require('../handlebars'),
   hapi: () => require('../hapi'),
   http: () => require('../http'),
   http2: () => require('../http2'),
diff --git a/packages/dd-trace/src/appsec/iast/analyzers/analyzers.js b/packages/dd-trace/src/appsec/iast/analyzers/analyzers.js
index 36f6036cf54..c1608ae1261 100644
--- a/packages/dd-trace/src/appsec/iast/analyzers/analyzers.js
+++ b/packages/dd-trace/src/appsec/iast/analyzers/analyzers.js
@@ -15,6 +15,7 @@ module.exports = {
   PATH_TRAVERSAL_ANALYZER: require('./path-traversal-analyzer'),
   SQL_INJECTION_ANALYZER: require('./sql-injection-analyzer'),
   SSRF: require('./ssrf-analyzer'),
+  TEMPLATE_INJECTION_ANALYZER: require('./template-injection-analyzer'),
   UNVALIDATED_REDIRECT_ANALYZER: require('./unvalidated-redirect-analyzer'),
   WEAK_CIPHER_ANALYZER: require('./weak-cipher-analyzer'),
   WEAK_HASH_ANALYZER: require('./weak-hash-analyzer'),
diff --git a/packages/dd-trace/src/appsec/iast/analyzers/template-injection-analyzer.js b/packages/dd-trace/src/appsec/iast/analyzers/template-injection-analyzer.js
new file mode 100644
index 00000000000..b28eca710c3
--- /dev/null
+++ b/packages/dd-trace/src/appsec/iast/analyzers/template-injection-analyzer.js
@@ -0,0 +1,16 @@
+'use strict'
+
+const InjectionAnalyzer = require('./injection-analyzer')
+const { TEMPLATE_INJECTION } = require('../vulnerabilities')
+
+class TemplateInjectionAnalyzer extends InjectionAnalyzer {
+  constructor () {
+    super(TEMPLATE_INJECTION)
+  }
+
+  onConfigure () {
+    this.addSub('datadog:handlebars:compile:start', ({ source }) => this.analyze(source))
+  }
+}
+
+module.exports = new TemplateInjectionAnalyzer()
diff --git a/packages/dd-trace/src/appsec/iast/vulnerabilities.js b/packages/dd-trace/src/appsec/iast/vulnerabilities.js
index 790ec6c5db9..90287c27d91 100644
--- a/packages/dd-trace/src/appsec/iast/vulnerabilities.js
+++ b/packages/dd-trace/src/appsec/iast/vulnerabilities.js
@@ -13,6 +13,7 @@ module.exports = {
   PATH_TRAVERSAL: 'PATH_TRAVERSAL',
   SQL_INJECTION: 'SQL_INJECTION',
   SSRF: 'SSRF',
+  TEMPLATE_INJECTION: 'TEMPLATE_INJECTION',
   UNVALIDATED_REDIRECT: 'UNVALIDATED_REDIRECT',
   WEAK_CIPHER: 'WEAK_CIPHER',
   WEAK_HASH: 'WEAK_HASH',
diff --git a/packages/dd-trace/test/appsec/iast/analyzers/template-injection-analyzer.handlebars.plugin.spec.js b/packages/dd-trace/test/appsec/iast/analyzers/template-injection-analyzer.handlebars.plugin.spec.js
new file mode 100644
index 00000000000..029572b4c61
--- /dev/null
+++ b/packages/dd-trace/test/appsec/iast/analyzers/template-injection-analyzer.handlebars.plugin.spec.js
@@ -0,0 +1,71 @@
+'use strict'
+
+const { prepareTestServerForIast } = require('../utils')
+const { storage } = require('../../../../../datadog-core')
+const iastContextFunctions = require('../../../../src/appsec/iast/iast-context')
+const { newTaintedString } = require('../../../../src/appsec/iast/taint-tracking/operations')
+
+describe('template-injection-analyzer with handlebars', () => {
+  withVersions('handlebars', 'handlebars', version => {
+    let lib, badSource, goodSource
+    before(() => {
+      lib = require(`../../../../../../versions/handlebars@${version}`).get()
+      badSource = `
+          {{#with "s" as |string|}}
+            {{#with "e"}}
+              {{#with split as |conslist|}}
+                {{this.pop}}
+                {{this.push (lookup string.sub "constructor")}}
+                {{this.pop}}
+                {{#with string.split as |codelist|}}
+                  {{this.pop}}
+                  {{this.push "return JSON.stringify(process.env);"}}
+                  {{this.pop}}
+                  {{#each conslist}}
+                    {{#with (string.sub.apply 0 codelist)}}
+                      {{this}}
+                    {{/with}}
+                  {{/each}}
+                {{/with}}
+              {{/with}}
+            {{/with}}
+          {{/with}}
+          `
+      goodSource = '<p>{{name}}</p>'
+    })
+
+    describe('compile', () => {
+      prepareTestServerForIast('template injection analyzer',
+        (testThatRequestHasVulnerability, testThatRequestHasNoVulnerability) => {
+          testThatRequestHasVulnerability(() => {
+            const store = storage.getStore()
+            const iastContext = iastContextFunctions.getIastContext(store)
+            const command = newTaintedString(iastContext, badSource, 'param', 'Request')
+            const template = lib.compile(command)
+            template()
+          }, 'TEMPLATE_INJECTION')
+
+          testThatRequestHasNoVulnerability(() => {
+            const template = lib.compile(goodSource)
+            template()
+          }, 'TEMPLATE_INJECTION')
+        })
+    })
+
+    describe('precompile', () => {
+      prepareTestServerForIast('template injection analyzer',
+        (testThatRequestHasVulnerability, testThatRequestHasNoVulnerability) => {
+          testThatRequestHasVulnerability(() => {
+            const store = storage.getStore()
+            const iastContext = iastContextFunctions.getIastContext(store)
+            const command = newTaintedString(iastContext, badSource, 'param', 'Request')
+            lib.precompile(command)
+          }, 'TEMPLATE_INJECTION')
+
+          testThatRequestHasNoVulnerability(() => {
+            lib.precompile(goodSource)
+          }, 'TEMPLATE_INJECTION')
+        })
+    })
+  })
+})