diff --git a/.changeset/brave-candles-serve.md b/.changeset/brave-candles-serve.md
new file mode 100644
index 0000000000..f758e3cc76
--- /dev/null
+++ b/.changeset/brave-candles-serve.md
@@ -0,0 +1,5 @@
+---
+'svelte': patch
+---
+
+fix: correctly migrate sequence expressions
diff --git a/packages/svelte/src/compiler/migrate/index.js b/packages/svelte/src/compiler/migrate/index.js
index c14b577319..e4c759083d 100644
--- a/packages/svelte/src/compiler/migrate/index.js
+++ b/packages/svelte/src/compiler/migrate/index.js
@@ -368,8 +368,15 @@ const instance_script = {
 
 			// state
 			if (declarator.init) {
-				state.str.prependLeft(/** @type {number} */ (declarator.init.start), '$state(');
-				state.str.appendRight(/** @type {number} */ (declarator.init.end), ')');
+				let { start, end } = /** @type {{ start: number, end: number }} */ (declarator.init);
+
+				if (declarator.init.type === 'SequenceExpression') {
+					while (state.str.original[start] !== '(') start -= 1;
+					while (state.str.original[end - 1] !== ')') end += 1;
+				}
+
+				state.str.prependLeft(start, '$state(');
+				state.str.appendRight(end, ')');
 			} else {
 				state.str.prependLeft(
 					/** @type {number} */ (declarator.id.typeAnnotation?.end ?? declarator.id.end),
@@ -416,25 +423,30 @@ const instance_script = {
 			const bindings = ids.map((id) => state.scope.get(id.name));
 			const reassigned_bindings = bindings.filter((b) => b?.reassigned);
 			if (reassigned_bindings.length === 0 && !bindings.some((b) => b?.kind === 'store_sub')) {
+				let { start, end } = /** @type {{ start: number, end: number }} */ (
+					node.body.expression.right
+				);
+
 				// $derived
 				state.str.update(
 					/** @type {number} */ (node.start),
 					/** @type {number} */ (node.body.expression.start),
 					'let '
 				);
-				state.str.prependRight(
-					/** @type {number} */ (node.body.expression.right.start),
-					'$derived('
-				);
-				if (node.body.expression.right.end !== node.end) {
-					state.str.update(
-						/** @type {number} */ (node.body.expression.right.end),
-						/** @type {number} */ (node.end),
-						');'
-					);
-				} else {
-					state.str.appendLeft(/** @type {number} */ (node.end), ');');
+
+				if (node.body.expression.right.type === 'SequenceExpression') {
+					while (state.str.original[start] !== '(') start -= 1;
+					while (state.str.original[end - 1] !== ')') end += 1;
 				}
+
+				state.str.prependRight(start, `$derived(`);
+
+				// in a case like `$: ({ a } = b())`, there's already a trailing parenthesis.
+				// otherwise, we need to add one
+				if (state.str.original[/** @type {number} */ (node.body.start)] !== '(') {
+					state.str.appendLeft(end, `)`);
+				}
+
 				return;
 			} else {
 				for (const binding of reassigned_bindings) {
diff --git a/packages/svelte/tests/migrate/samples/derivations-no-colon/input.svelte b/packages/svelte/tests/migrate/samples/derivations-no-colon/input.svelte
deleted file mode 100644
index 7df9187a02..0000000000
--- a/packages/svelte/tests/migrate/samples/derivations-no-colon/input.svelte
+++ /dev/null
@@ -1,7 +0,0 @@
-<script>
-	let count = 0;
-	$: doubled = count * 2
-	$: ({ quadrupled } = { quadrupled: count * 4 })
-</script>
-
-{count} / {doubled} / {quadrupled}
diff --git a/packages/svelte/tests/migrate/samples/derivations-no-colon/output.svelte b/packages/svelte/tests/migrate/samples/derivations-no-colon/output.svelte
deleted file mode 100644
index f6af6dd450..0000000000
--- a/packages/svelte/tests/migrate/samples/derivations-no-colon/output.svelte
+++ /dev/null
@@ -1,7 +0,0 @@
-<script>
-	let count = 0;
-	let doubled = $derived(count * 2);
-	let { quadrupled } = $derived({ quadrupled: count * 4 });
-</script>
-
-{count} / {doubled} / {quadrupled}
\ No newline at end of file
diff --git a/packages/svelte/tests/migrate/samples/derivations/input.svelte b/packages/svelte/tests/migrate/samples/derivations/input.svelte
index 9fde4a4359..42b47b8272 100644
--- a/packages/svelte/tests/migrate/samples/derivations/input.svelte
+++ b/packages/svelte/tests/migrate/samples/derivations/input.svelte
@@ -1,7 +1,11 @@
 <script>
 	let count = 0;
+	// semicolon at the end
 	$: doubled = count * 2;
 	$: ({ quadrupled } = { quadrupled: count * 4 });
+	// no semicolon at the end
+	$: time_8 = count * 8
+	$: ({ time_16 } = { time_16: count * 16 })
 </script>
 
-{count} / {doubled} / {quadrupled}
+{count} / {doubled} / {quadrupled} / {time_8} / {time_16}
diff --git a/packages/svelte/tests/migrate/samples/derivations/output.svelte b/packages/svelte/tests/migrate/samples/derivations/output.svelte
index f6af6dd450..e797a4da1e 100644
--- a/packages/svelte/tests/migrate/samples/derivations/output.svelte
+++ b/packages/svelte/tests/migrate/samples/derivations/output.svelte
@@ -1,7 +1,11 @@
 <script>
 	let count = 0;
+	// semicolon at the end
 	let doubled = $derived(count * 2);
 	let { quadrupled } = $derived({ quadrupled: count * 4 });
+	// no semicolon at the end
+	let time_8 = $derived(count * 8)
+	let { time_16 } = $derived({ time_16: count * 16 })
 </script>
 
-{count} / {doubled} / {quadrupled}
\ No newline at end of file
+{count} / {doubled} / {quadrupled} / {time_8} / {time_16}
diff --git a/packages/svelte/tests/migrate/samples/state-and-derivations-sequence/input.svelte b/packages/svelte/tests/migrate/samples/state-and-derivations-sequence/input.svelte
new file mode 100644
index 0000000000..487f72429c
--- /dev/null
+++ b/packages/svelte/tests/migrate/samples/state-and-derivations-sequence/input.svelte
@@ -0,0 +1,14 @@
+<script>
+	let count = (void 0, 0);
+	// semicolon at the end
+	$: doubled = (void 0, count * 2);
+	$: ({ quadrupled } = (void 0, { quadrupled: count * 4 }));
+	// no semicolon at the end
+	$: time_8 = (void 0, count * 8)
+	$: ({ time_16 } = (void 0, { time_16: count * 16 }))
+</script>
+
+<!-- reassign to migrate to state -->
+<button onclick={()=> count++}></button>
+
+{count} / {doubled} / {quadrupled} / {time_8} / {time_16}
diff --git a/packages/svelte/tests/migrate/samples/state-and-derivations-sequence/output.svelte b/packages/svelte/tests/migrate/samples/state-and-derivations-sequence/output.svelte
new file mode 100644
index 0000000000..bd9fe82142
--- /dev/null
+++ b/packages/svelte/tests/migrate/samples/state-and-derivations-sequence/output.svelte
@@ -0,0 +1,14 @@
+<script>
+	let count = $state((void 0, 0));
+	// semicolon at the end
+	let doubled = $derived((void 0, count * 2));
+	let { quadrupled } = $derived((void 0, { quadrupled: count * 4 }));
+	// no semicolon at the end
+	let time_8 = $derived((void 0, count * 8))
+	let { time_16 } = $derived((void 0, { time_16: count * 16 }))
+</script>
+
+<!-- reassign to migrate to state -->
+<button onclick={()=> count++}></button>
+
+{count} / {doubled} / {quadrupled} / {time_8} / {time_16}