diff --git a/DOCS/man/options.rst b/DOCS/man/options.rst
index d8c11bd995bcd..92a625afa4eb9 100644
--- a/DOCS/man/options.rst
+++ b/DOCS/man/options.rst
@@ -7499,7 +7499,7 @@ them.
         In such a configuration, we highly recommend setting ``--tone-mapping``
         to ``mobius`` or even ``clip``.
 
-``--target-contrast=<auto|10-1000000|inf>``
+``--target-contrast=<auto|10-10000000|inf>``
     Specifies the measured contrast of the output display. ``--target-contrast``
     in conjunction with ``--target-peak`` value is used to calculate display
     black point. Used in black point compensation during HDR tone-mapping.
@@ -7509,6 +7509,21 @@ them.
     ``inf`` contrast specifies display with perfect black level, in practice OLED.
     (Only for ``--vo=gpu-next``)
 
+``--target-contrast-hdr=<no|auto|10-10000000|inf>``
+    Same as ``--target-contrast``, but only applies when ``--target-trc`` is set to
+    a HDR transfer function and would override the settings of ``--target-contrast``.
+    This allows to specify a different contrast for HDR content.
+
+    This might be useful when user is running a host OS that supports global color
+    management and monitor has large contrast ratio. In this case, under some OS
+    implementation, mpv can't correctly get the actual contrast ratio info of the
+    monitor when ``--target-trc`` is a SDR transfer function, and only use
+    ``--target-contrast=auto`` might cause washed out colors.
+
+    ``no`` is the default value and means the contrast is only controlled by
+    ``--target-contrast``.
+    (Only for ``--vo=gpu-next``)
+
 ``--target-gamut=<value>``
     Constrains the gamut of the display. You can use this option to output e.g.
     DCIP3-in-BT.2020. Set ``--target-prim`` to the primaries of the containing
diff --git a/video/out/gpu/video.c b/video/out/gpu/video.c
index 603f35ef0a2c0..68c62edc89ae2 100644
--- a/video/out/gpu/video.c
+++ b/video/out/gpu/video.c
@@ -453,6 +453,8 @@ const struct m_sub_options gl_video_conf = {
             {"no", 0}, {"input", 1}, {"output", 2}, {"both", 1|2}, {"auto", 1|2|4})},
         {"target-contrast", OPT_CHOICE(target_contrast, {"auto", 0}, {"inf", -1}),
             M_RANGE(10, 10 / PL_COLOR_HDR_BLACK)},
+        {"target-contrast-hdr", OPT_CHOICE(target_contrast_hdr, {"no", 0}, {"auto", -1}, {"inf", -2}),
+            M_RANGE(10, 10 / PL_COLOR_HDR_BLACK)},
         {"target-gamut", OPT_STRING_VALIDATE(target_gamut, validate_target_gamut)},
         {"tone-mapping", OPT_CHOICE(tone_map.curve,
             {"auto",     TONE_MAPPING_AUTO},
diff --git a/video/out/gpu/video.h b/video/out/gpu/video.h
index a5b03adfbf7bc..589f912631a5a 100644
--- a/video/out/gpu/video.h
+++ b/video/out/gpu/video.h
@@ -142,6 +142,7 @@ struct gl_video_opts {
     int sdr_adjust_gamma;
     int treat_srgb_as_power22;
     int target_contrast;
+    int target_contrast_hdr;
     char *target_gamut;
     struct gl_tone_map_opts tone_map;
     bool correct_downscaling;
diff --git a/video/out/vo_gpu_next.c b/video/out/vo_gpu_next.c
index 308a9fb02f5b6..d224bc4240bc6 100644
--- a/video/out/vo_gpu_next.c
+++ b/video/out/vo_gpu_next.c
@@ -915,6 +915,20 @@ static void update_options(struct vo *vo)
 static void apply_target_contrast(struct priv *p, struct pl_color_space *color, float min_luma)
 {
     const struct gl_video_opts *opts = p->opts_cache->opts;
+    const bool is_hdr = pl_color_space_is_hdr(color);
+
+    if (is_hdr && opts->target_contrast_hdr)
+        switch (opts->target_contrast_hdr) {
+            case -1:
+                color->hdr.min_luma = min_luma;
+                return;
+            case -2:
+                color->hdr.min_luma = 1e-7;
+                mp_assert(color->hdr.min_luma > 0);
+                return;
+            default:
+                goto apply_user_value;
+        }
 
     // Auto mode, use target value if available
     if (!opts->target_contrast) {
@@ -929,6 +943,7 @@ static void apply_target_contrast(struct priv *p, struct pl_color_space *color,
         return;
     }
 
+apply_user_value:
     // Infer max_luma for current pl_color_space
     pl_color_space_nominal_luma_ex(pl_nominal_luma_params(
         .color = color,
@@ -938,7 +953,10 @@ static void apply_target_contrast(struct priv *p, struct pl_color_space *color,
         .out_max = &color->hdr.max_luma
     ));
 
-    color->hdr.min_luma = color->hdr.max_luma / opts->target_contrast;
+    if (is_hdr && opts->target_contrast_hdr)
+        color->hdr.min_luma = color->hdr.max_luma / opts->target_contrast_hdr;
+    else
+        color->hdr.min_luma = color->hdr.max_luma / opts->target_contrast;
 }
 
 static void apply_target_options(struct priv *p, struct pl_frame *target,