diff --git a/api/src/main/java/net/kyori/adventure/text/TextReplacementRenderer.java b/api/src/main/java/net/kyori/adventure/text/TextReplacementRenderer.java
index 01e963206..854fdc218 100644
--- a/api/src/main/java/net/kyori/adventure/text/TextReplacementRenderer.java
+++ b/api/src/main/java/net/kyori/adventure/text/TextReplacementRenderer.java
@@ -52,6 +52,7 @@ private TextReplacementRenderer() {
 
     final List<Component> oldChildren = component.children();
     final int oldChildrenSize = oldChildren.size();
+    Style oldStyle = component.style();
     List<Component> children = null;
     Component modified = component;
     // replace the component itself
@@ -78,6 +79,10 @@ private TextReplacementRenderer() {
 
             modified = replacement == null ? Component.empty() : replacement.asComponent();
 
+            if (modified.style().hoverEvent() != null) {
+              oldStyle = oldStyle.hoverEvent(null); // Remove original hover if it has been replaced completely
+            }
+
             // merge style of the match into this component to prevent unexpected loss of style
             modified = modified.style(modified.style().merge(component.style(), Style.Merge.Strategy.IF_ABSENT_ON_TARGET));
 
@@ -150,7 +155,7 @@ private TextReplacementRenderer() {
     // Only visit children if we're running
     if (state.running) {
       // hover event
-      final HoverEvent<?> event = modified.style().hoverEvent();
+      final HoverEvent<?> event = oldStyle.hoverEvent();
       if (event != null) {
         final HoverEvent<?> rendered = event.withRenderedValue(this, state);
         if (event != rendered) {
diff --git a/api/src/test/java/net/kyori/adventure/text/TextReplacementRendererTest.java b/api/src/test/java/net/kyori/adventure/text/TextReplacementRendererTest.java
index b22676747..f8da4c6f1 100644
--- a/api/src/test/java/net/kyori/adventure/text/TextReplacementRendererTest.java
+++ b/api/src/test/java/net/kyori/adventure/text/TextReplacementRendererTest.java
@@ -279,4 +279,47 @@ void testDoesNotDuplicateComponents() {
 
     TextAssertions.assertEquals(expected, replaced);
   }
+
+  // https://github.com/KyoriPowered/adventure/issues/638
+  @Test
+  void testExactMatchHover() {
+    final Component expected = Component.text("two").hoverEvent(Component.text("one!")).append(Component.text("one?"));
+    final Component replacedExact = Component.text("one").replaceText(c -> c.match("one").replacement(expected));
+
+    final Component replacedNonExact = Component.text("one ").replaceText(c -> c.match("one").replacement(expected));
+    final Component expectedNonExact = Component.text("")
+      .append(expected)
+      .append(Component.space());
+
+    TextAssertions.assertEquals(expected, replacedExact);
+    TextAssertions.assertEquals(expectedNonExact, replacedNonExact);
+  }
+
+  @Test
+  void testHoverCollision() {
+    final Component original = Component.text("one")
+      .hoverEvent(Component.text("less important"));
+
+    final Component replaced = original.replaceText(c -> c.match("one")
+      .replacement(Component.text("two").hoverEvent(Component.text("important"))));
+
+    final Component expected = Component.text("two")
+      .hoverEvent(Component.text("important"));
+
+    TextAssertions.assertEquals(expected, replaced);
+  }
+
+  @Test
+  void testReplacementHoverWithOriginalHoverAlsoMatching() {
+    final Component original = Component.text("Hello")
+      .hoverEvent(Component.text("Hello Kyori"));
+
+    final Component replaced = original.replaceText(c -> c.match("Hello")
+      .replacement(Component.text("Goodbye world").hoverEvent(Component.text("Hello world"))));
+
+    final Component expected = Component.text("Goodbye world")
+      .hoverEvent(Component.text("Hello world"));
+
+    TextAssertions.assertEquals(expected, replaced);
+  }
 }