diff --git a/Cargo.toml b/Cargo.toml
index af2d9d356cb59..7666127bf13a9 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -3011,6 +3011,17 @@ description = "Loads an animated fox model and spawns lots of them. Good for tes
 category = "Stress Tests"
 wasm = true
 
+[[example]]
+name = "many_morph_targets"
+path = "examples/stress_tests/many_morph_targets.rs"
+doc-scrape-examples = true
+
+[package.metadata.example.many_morph_targets]
+name = "Many Morph Targets"
+description = "Simple benchmark to test rendering many meshes with animated morph targets."
+category = "Stress Tests"
+wasm = true
+
 [[example]]
 name = "many_glyphs"
 path = "examples/stress_tests/many_glyphs.rs"
diff --git a/examples/README.md b/examples/README.md
index 202c41a4f1d98..6c8f8668470b1 100644
--- a/examples/README.md
+++ b/examples/README.md
@@ -502,6 +502,7 @@ Example | Description
 [Many Gizmos](../examples/stress_tests/many_gizmos.rs) | Test rendering of many gizmos
 [Many Glyphs](../examples/stress_tests/many_glyphs.rs) | Simple benchmark to test text rendering.
 [Many Lights](../examples/stress_tests/many_lights.rs) | Simple benchmark to test rendering many point lights. Run with `WGPU_SETTINGS_PRIO=webgl2` to restrict to uniform buffers and max 256 lights
+[Many Morph Targets](../examples/stress_tests/many_morph_targets.rs) | Simple benchmark to test rendering many meshes with animated morph targets.
 [Many Sprites](../examples/stress_tests/many_sprites.rs) | Displays many sprites in a grid arrangement! Used for performance testing. Use `--colored` to enable color tinted sprites.
 [Many Text2d](../examples/stress_tests/many_text2d.rs) | Displays many Text2d! Used for performance testing.
 [Text Pipeline](../examples/stress_tests/text_pipeline.rs) | Text Pipeline benchmark
diff --git a/examples/stress_tests/many_morph_targets.rs b/examples/stress_tests/many_morph_targets.rs
new file mode 100644
index 0000000000000..dcf3c23211507
--- /dev/null
+++ b/examples/stress_tests/many_morph_targets.rs
@@ -0,0 +1,253 @@
+//! Simple benchmark to test rendering many meshes with animated morph targets.
+
+use argh::FromArgs;
+use bevy::{
+    diagnostic::{FrameTimeDiagnosticsPlugin, LogDiagnosticsPlugin},
+    prelude::*,
+    scene::SceneInstanceReady,
+    window::{PresentMode, WindowResolution},
+    winit::{UpdateMode, WinitSettings},
+};
+use core::{f32::consts::PI, str::FromStr};
+use rand::{Rng, SeedableRng};
+use rand_chacha::ChaCha8Rng;
+
+/// Controls the weight values.
+#[derive(PartialEq)]
+enum ArgWeights {
+    /// Weights will change over time and be a mix of zero and non-zero.
+    Animated,
+
+    /// Set all the weights to one.
+    One,
+
+    /// Set all the weights to zero, minimizing vertex shader cost.
+    Zero,
+
+    /// Set all the weights to a very small value, so the pixel shader cost
+    /// should be similar to `Zero` but vertex shader cost the same as `One`.
+    Tiny,
+}
+
+impl FromStr for ArgWeights {
+    type Err = String;
+
+    fn from_str(s: &str) -> Result<Self, Self::Err> {
+        match s {
+            "animated" => Ok(Self::Animated),
+            "zero" => Ok(Self::Zero),
+            "one" => Ok(Self::One),
+            "tiny" => Ok(Self::Tiny),
+            _ => Err("must be 'animated', 'one', `zero`, or 'tiny'".into()),
+        }
+    }
+}
+
+/// Controls the camera.
+#[derive(PartialEq)]
+enum ArgCamera {
+    /// Keep all the meshes in view and at a reasonable size.
+    Default,
+
+    /// Zoom far out. This is used to reduce pixel shader costs and so emphasize
+    /// vertex shader costs.
+    Far,
+}
+
+impl FromStr for ArgCamera {
+    type Err = String;
+
+    fn from_str(s: &str) -> Result<Self, Self::Err> {
+        match s {
+            "default" => Ok(Self::Default),
+            "far" => Ok(Self::Far),
+            _ => Err("must be 'default' or 'far'".into()),
+        }
+    }
+}
+
+/// `many_morph_targets` stress test
+#[derive(FromArgs, Resource)]
+struct Args {
+    /// number of meshes
+    #[argh(option, default = "1024")]
+    count: usize,
+
+    /// options: 'animated', 'one', 'zero', 'tiny'
+    #[argh(option, default = "ArgWeights::Animated")]
+    weights: ArgWeights,
+
+    /// options: 'default', 'far'
+    #[argh(option, default = "ArgCamera::Default")]
+    camera: ArgCamera,
+}
+
+fn main() {
+    // `from_env` panics on the web
+    #[cfg(not(target_arch = "wasm32"))]
+    let args: Args = argh::from_env();
+    #[cfg(target_arch = "wasm32")]
+    let args = Args::from_args(&[], &[]).unwrap();
+
+    App::new()
+        .add_plugins((
+            DefaultPlugins.set(WindowPlugin {
+                primary_window: Some(Window {
+                    title: "Many Morph Targets".to_string(),
+                    present_mode: PresentMode::AutoNoVsync,
+                    resolution: WindowResolution::new(1920.0, 1080.0)
+                        .with_scale_factor_override(1.0),
+                    ..default()
+                }),
+                ..Default::default()
+            }),
+            FrameTimeDiagnosticsPlugin::default(),
+            LogDiagnosticsPlugin::default(),
+        ))
+        .insert_resource(WinitSettings {
+            focused_mode: UpdateMode::Continuous,
+            unfocused_mode: UpdateMode::Continuous,
+        })
+        .insert_resource(AmbientLight {
+            brightness: 1000.0,
+            ..Default::default()
+        })
+        .insert_resource(args)
+        .add_systems(Startup, setup)
+        .run();
+}
+
+#[derive(Component, Clone)]
+struct AnimationToPlay {
+    graph_handle: Handle<AnimationGraph>,
+    index: AnimationNodeIndex,
+    speed: f32,
+}
+
+impl AnimationToPlay {
+    fn with_speed(&self, speed: f32) -> Self {
+        AnimationToPlay {
+            speed,
+            ..self.clone()
+        }
+    }
+}
+
+fn setup(
+    args: Res<Args>,
+    asset_server: Res<AssetServer>,
+    mut graphs: ResMut<Assets<AnimationGraph>>,
+    mut commands: Commands,
+) {
+    const ASSET_PATH: &str = "models/animated/MorphStressTest.gltf";
+
+    let scene = SceneRoot(asset_server.load(GltfAssetLabel::Scene(0).from_asset(ASSET_PATH)));
+
+    let mut rng = ChaCha8Rng::seed_from_u64(856673);
+
+    let animations = (0..3)
+        .map(|gltf_index| {
+            let (graph, index) = AnimationGraph::from_clip(
+                asset_server.load(GltfAssetLabel::Animation(gltf_index).from_asset(ASSET_PATH)),
+            );
+            AnimationToPlay {
+                graph_handle: graphs.add(graph),
+                index,
+                speed: 1.0,
+            }
+        })
+        .collect::<Vec<_>>();
+
+    // Arrange the meshes in a grid.
+
+    let count = args.count;
+    let x_dim = ((count as f32).sqrt().ceil() as usize).max(1);
+    let y_dim = count.div_ceil(x_dim);
+
+    for mesh_index in 0..count {
+        let animation = animations[mesh_index.rem_euclid(animations.len())].clone();
+
+        let x = 2.5 + (5.0 * ((mesh_index.rem_euclid(x_dim) as f32) - ((x_dim as f32) * 0.5)));
+        let y = -2.2 - (3.0 * ((mesh_index.div_euclid(x_dim) as f32) - ((y_dim as f32) * 0.5)));
+
+        // Randomly vary the animation speed so that the number of morph targets
+        // active on each frame is more likely to be stable.
+
+        let animation_speed = rng.r#gen::<f32>() + 0.5;
+
+        commands
+            .spawn((
+                animation.with_speed(animation_speed),
+                scene.clone(),
+                Transform::from_xyz(x, y, 0.0),
+            ))
+            .observe(play_animation)
+            .observe(set_weights);
+    }
+
+    commands.spawn((
+        DirectionalLight::default(),
+        Transform::from_rotation(Quat::from_rotation_z(PI / 2.0)),
+    ));
+
+    let camera_distance = (x_dim as f32)
+        * match args.camera {
+            ArgCamera::Default => 4.0,
+            ArgCamera::Far => 200.0,
+        };
+
+    commands.spawn((
+        Camera3d::default(),
+        Transform::from_xyz(0.0, 0.0, camera_distance).looking_at(Vec3::ZERO, Vec3::Y),
+    ));
+}
+
+fn play_animation(
+    trigger: Trigger<SceneInstanceReady>,
+    mut commands: Commands,
+    args: Res<Args>,
+    children: Query<&Children>,
+    animations_to_play: Query<&AnimationToPlay>,
+    mut players: Query<&mut AnimationPlayer>,
+) {
+    if args.weights != ArgWeights::Animated {
+        return;
+    }
+
+    if let Ok(animation_to_play) = animations_to_play.get(trigger.target()) {
+        for child in children.iter_descendants(trigger.target()) {
+            if let Ok(mut player) = players.get_mut(child) {
+                commands
+                    .entity(child)
+                    .insert(AnimationGraphHandle(animation_to_play.graph_handle.clone()));
+
+                player
+                    .play(animation_to_play.index)
+                    .repeat()
+                    .set_speed(animation_to_play.speed);
+            }
+        }
+    }
+}
+
+fn set_weights(
+    trigger: Trigger<SceneInstanceReady>,
+    args: Res<Args>,
+    children: Query<&Children>,
+    mut weight_components: Query<&mut MorphWeights>,
+) {
+    let weight_value = match args.weights {
+        ArgWeights::One => Some(1.0),
+        ArgWeights::Zero => Some(0.0),
+        ArgWeights::Tiny => Some(0.00001),
+        _ => None,
+    };
+
+    if let Some(weight_value) = weight_value {
+        for child in children.iter_descendants(trigger.target()) {
+            if let Ok(mut weight_component) = weight_components.get_mut(child) {
+                weight_component.weights_mut().fill(weight_value);
+            }
+        }
+    }
+}