diff --git a/common.gypi b/common.gypi
index 4e645cf50671d4..65720283c54109 100644
--- a/common.gypi
+++ b/common.gypi
@@ -36,7 +36,7 @@
 
     # Reset this number to 0 on major V8 upgrades.
     # Increment by one for each non-official patch applied to deps/v8.
-    'v8_embedder_string': '-node.10',
+    'v8_embedder_string': '-node.11',
 
     ##### V8 defaults for Node.js #####
 
diff --git a/deps/v8/src/codegen/compiler.cc b/deps/v8/src/codegen/compiler.cc
index 22f743a4a4ba15..31c5acceebc4f1 100644
--- a/deps/v8/src/codegen/compiler.cc
+++ b/deps/v8/src/codegen/compiler.cc
@@ -3686,7 +3686,7 @@ MaybeHandle<JSFunction> Compiler::GetWrappedFunction(
     // functions fully non-lazy instead thus preventing source positions from
     // being omitted.
     flags.set_collect_source_positions(true);
-    // flags.set_eager(compile_options == ScriptCompiler::kEagerCompile);
+    flags.set_is_eager(compile_options == ScriptCompiler::kEagerCompile);
 
     UnoptimizedCompileState compile_state;
     ReusableUnoptimizedCompileState reusable_state(isolate);
diff --git a/deps/v8/test/cctest/test-serialize.cc b/deps/v8/test/cctest/test-serialize.cc
index eb4a9db6314981..ee9cb5493bee07 100644
--- a/deps/v8/test/cctest/test-serialize.cc
+++ b/deps/v8/test/cctest/test-serialize.cc
@@ -4979,6 +4979,37 @@ TEST(CachedCompileFunction) {
   }
 }
 
+TEST(CachedCompileFunctionRespectsEager) {
+  DisableAlwaysOpt();
+  LocalContext env;
+  Isolate* isolate = CcTest::i_isolate();
+  isolate->compilation_cache()
+      ->DisableScriptAndEval();  // Disable same-isolate code cache.
+
+  v8::HandleScope scope(CcTest::isolate());
+
+  v8::Local<v8::String> source = v8_str("return function() { return 42; }");
+  v8::ScriptCompiler::Source script_source(source);
+
+  for (bool eager_compile : {false, true}) {
+    v8::ScriptCompiler::CompileOptions options =
+        eager_compile ? v8::ScriptCompiler::kEagerCompile
+                      : v8::ScriptCompiler::kNoCompileOptions;
+    v8::Local<v8::Value> fun =
+        v8::ScriptCompiler::CompileFunction(env.local(), &script_source, 0,
+                                            nullptr, 0, nullptr, options)
+            .ToLocalChecked()
+            .As<v8::Function>()
+            ->Call(env.local(), v8::Undefined(CcTest::isolate()), 0, nullptr)
+            .ToLocalChecked();
+
+    auto i_fun = i::Handle<i::JSFunction>::cast(Utils::OpenHandle(*fun));
+
+    // Function should be compiled iff kEagerCompile was used.
+    CHECK_EQ(i_fun->shared().is_compiled(), eager_compile);
+  }
+}
+
 UNINITIALIZED_TEST(SnapshotCreatorAnonClassWithKeep) {
   DisableAlwaysOpt();
   v8::SnapshotCreator creator;
diff --git a/test/fixtures/errors/force_colors.snapshot b/test/fixtures/errors/force_colors.snapshot
index daef7905a6be19..e5c6d7efc4f075 100644
--- a/test/fixtures/errors/force_colors.snapshot
+++ b/test/fixtures/errors/force_colors.snapshot
@@ -5,9 +5,9 @@ throw new Error('Should include grayed stack trace')
 Error: Should include grayed stack trace
     at Object.<anonymous> (/test*force_colors.js:1:7)
     at Module._compile (node:internal*modules*cjs*loader:1233:14)
-    at Module._extensions..js (node:internal*modules*cjs*loader:1287:10)
+    at Object..js (node:internal*modules*cjs*loader:1287:10)
     at Module.load (node:internal*modules*cjs*loader:1091:32)
-    at Module._load (node:internal*modules*cjs*loader:938:12)
+    at Function._load (node:internal*modules*cjs*loader:938:12)
     at Function.executeUserEntryPoint [as runMain] (node:internal*modules*run_main:83:12)
     at node:internal*main*run_main_module:23:47