diff --git a/flink-table/flink-sql-parser/src/main/codegen/data/Parser.tdd b/flink-table/flink-sql-parser/src/main/codegen/data/Parser.tdd
index ff10d47109a946..02ba1a1aaaaf01 100644
--- a/flink-table/flink-sql-parser/src/main/codegen/data/Parser.tdd
+++ b/flink-table/flink-sql-parser/src/main/codegen/data/Parser.tdd
@@ -40,6 +40,7 @@
     "org.apache.flink.sql.parser.ddl.SqlAlterDatabase"
     "org.apache.flink.sql.parser.ddl.SqlAlterFunction"
     "org.apache.flink.sql.parser.ddl.SqlAlterMaterializedTable"
+    "org.apache.flink.sql.parser.ddl.SqlAlterMaterializedTableAsQuery"
     "org.apache.flink.sql.parser.ddl.SqlAlterMaterializedTableFreshness"
     "org.apache.flink.sql.parser.ddl.SqlAlterMaterializedTableOptions"
     "org.apache.flink.sql.parser.ddl.SqlAlterMaterializedTableRefreshMode"
diff --git a/flink-table/flink-sql-parser/src/main/codegen/includes/parserImpls.ftl b/flink-table/flink-sql-parser/src/main/codegen/includes/parserImpls.ftl
index b02be2ad72ced8..f371e6b0dd6847 100644
--- a/flink-table/flink-sql-parser/src/main/codegen/includes/parserImpls.ftl
+++ b/flink-table/flink-sql-parser/src/main/codegen/includes/parserImpls.ftl
@@ -2009,6 +2009,7 @@ SqlAlterMaterializedTable SqlAlterMaterializedTable() :
     SqlNodeList propertyKeyList = SqlNodeList.EMPTY;
     SqlNodeList partSpec = SqlNodeList.EMPTY;
     SqlNode freshness = null;
+    SqlNode asQuery = null;
 }
 {
     <ALTER> <MATERIALIZED> <TABLE> { startPos = getPos();}
@@ -2089,6 +2090,15 @@ SqlAlterMaterializedTable SqlAlterMaterializedTable() :
                     tableIdentifier,
                     propertyKeyList);
             }
+        |
+        <AS>
+            asQuery = OrderedQueryOrExpr(ExprContext.ACCEPT_QUERY)
+            {
+                return new SqlAlterMaterializedTableAsQuery(
+                    startPos.plus(getPos()),
+                    tableIdentifier,
+                    asQuery);
+            }
     )
 }
 
diff --git a/flink-table/flink-sql-parser/src/main/java/org/apache/flink/sql/parser/ddl/SqlAlterMaterializedTableAsQuery.java b/flink-table/flink-sql-parser/src/main/java/org/apache/flink/sql/parser/ddl/SqlAlterMaterializedTableAsQuery.java
new file mode 100644
index 00000000000000..7bc10e2da1a549
--- /dev/null
+++ b/flink-table/flink-sql-parser/src/main/java/org/apache/flink/sql/parser/ddl/SqlAlterMaterializedTableAsQuery.java
@@ -0,0 +1,58 @@
+/*
+ * Licensed to the Apache Software Foundation (ASF) under one
+ * or more contributor license agreements.  See the NOTICE file
+ * distributed with this work for additional information
+ * regarding copyright ownership.  The ASF licenses this file
+ * to you under the Apache License, Version 2.0 (the
+ * "License"); you may not use this file except in compliance
+ * with the License.  You may obtain a copy of the License at
+ *
+ *     http://www.apache.org/licenses/LICENSE-2.0
+ *
+ * Unless required by applicable law or agreed to in writing, software
+ * distributed under the License is distributed on an "AS IS" BASIS,
+ * WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+ * See the License for the specific language governing permissions and
+ * limitations under the License.
+ */
+
+package org.apache.flink.sql.parser.ddl;
+
+import org.apache.calcite.sql.SqlIdentifier;
+import org.apache.calcite.sql.SqlNode;
+import org.apache.calcite.sql.SqlWriter;
+import org.apache.calcite.sql.parser.SqlParserPos;
+import org.apache.calcite.util.ImmutableNullableList;
+
+import java.util.List;
+
+/**
+ * SqlNode to describe the ALTER TABLE [catalogName.] [dataBasesName.]tableName AS &lt;query&gt;
+ * statement.
+ */
+public class SqlAlterMaterializedTableAsQuery extends SqlAlterMaterializedTable {
+
+    private final SqlNode asQuery;
+
+    public SqlAlterMaterializedTableAsQuery(
+            SqlParserPos pos, SqlIdentifier tableName, SqlNode asQuery) {
+        super(pos, tableName);
+        this.asQuery = asQuery;
+    }
+
+    public SqlNode getAsQuery() {
+        return asQuery;
+    }
+
+    @Override
+    public List<SqlNode> getOperandList() {
+        return ImmutableNullableList.of(getTableName(), asQuery);
+    }
+
+    @Override
+    public void unparse(SqlWriter writer, int leftPrec, int rightPrec) {
+        super.unparse(writer, leftPrec, rightPrec);
+        writer.keyword("AS");
+        asQuery.unparse(writer, leftPrec, rightPrec);
+    }
+}
diff --git a/flink-table/flink-sql-parser/src/test/java/org/apache/flink/sql/parser/MaterializedTableStatementParserTest.java b/flink-table/flink-sql-parser/src/test/java/org/apache/flink/sql/parser/MaterializedTableStatementParserTest.java
index e738060d882daf..dc4b429206e250 100644
--- a/flink-table/flink-sql-parser/src/test/java/org/apache/flink/sql/parser/MaterializedTableStatementParserTest.java
+++ b/flink-table/flink-sql-parser/src/test/java/org/apache/flink/sql/parser/MaterializedTableStatementParserTest.java
@@ -218,6 +218,7 @@ void testAlterMaterializedTableSuspend() {
                 .fails(
                         "Encountered \"<EOF>\" at line 1, column 28.\n"
                                 + "Was expecting one of:\n"
+                                + "    \"AS\" ...\n"
                                 + "    \"RESET\" ...\n"
                                 + "    \"SET\" ...\n"
                                 + "    \"SUSPEND\" ...\n"
@@ -384,6 +385,27 @@ void testAlterMaterializedTableReset() {
                                 + "    ");
     }
 
+    @Test
+    void testAlterMaterializedTableAsQuery() {
+        final String sql = "ALTER MATERIALIZED TABLE tbl1 AS SELECT * FROM t";
+        final String expected = "ALTER MATERIALIZED TABLE `TBL1` AS SELECT *\nFROM `T`";
+        sql(sql).ok(expected);
+
+        final String sql2 = "ALTER MATERIALIZED TABLE tbl1 AS SELECT * FROM t A^S^";
+        sql(sql2)
+                .fails(
+                        "Encountered \"<EOF>\" at line 1, column 51.\n"
+                                + "Was expecting one of:\n"
+                                + "    <BRACKET_QUOTED_IDENTIFIER> ...\n"
+                                + "    <QUOTED_IDENTIFIER> ...\n"
+                                + "    <BACK_QUOTED_IDENTIFIER> ...\n"
+                                + "    <BIG_QUERY_BACK_QUOTED_IDENTIFIER> ...\n"
+                                + "    <HYPHENATED_IDENTIFIER> ...\n"
+                                + "    <IDENTIFIER> ...\n"
+                                + "    <UNICODE_QUOTED_IDENTIFIER> ...\n"
+                                + "    ");
+    }
+
     @Test
     void testDropMaterializedTable() {
         final String sql = "DROP MATERIALIZED TABLE tbl1";