diff --git a/package.json b/package.json
index 2ce3d6be52db..6ad7df4a3a37 100644
--- a/package.json
+++ b/package.json
@@ -60,7 +60,7 @@
     "jest-watch-typeahead": "^0.6.0",
     "jquery": "^3.2.1",
     "lerna": "^4.0.0",
-    "micromatch": "^4.0.2",
+    "micromatch": "^4.0.4",
     "mlh-tsd": "^0.14.1",
     "mock-fs": "^4.4.1",
     "node-notifier": "^9.0.0",
diff --git a/packages/jest-config/package.json b/packages/jest-config/package.json
index 052609eb9dde..e6a957989452 100644
--- a/packages/jest-config/package.json
+++ b/packages/jest-config/package.json
@@ -39,14 +39,14 @@
     "jest-resolve": "^27.0.0-next.7",
     "jest-util": "^27.0.0-next.7",
     "jest-validate": "^27.0.0-next.7",
-    "micromatch": "^4.0.2",
+    "micromatch": "^4.0.4",
     "pretty-format": "^27.0.0-next.7"
   },
   "devDependencies": {
     "@types/babel__core": "^7.0.4",
     "@types/glob": "^7.1.1",
     "@types/graceful-fs": "^4.1.3",
-    "@types/micromatch": "^4.0.0",
+    "@types/micromatch": "^4.0.1",
     "jest-snapshot-serializer-raw": "^1.1.0",
     "strip-ansi": "^6.0.0",
     "ts-node": "^9.0.0",
diff --git a/packages/jest-core/package.json b/packages/jest-core/package.json
index 02c5f481e282..49ce1c4e124b 100644
--- a/packages/jest-core/package.json
+++ b/packages/jest-core/package.json
@@ -33,7 +33,7 @@
     "jest-util": "^27.0.0-next.7",
     "jest-validate": "^27.0.0-next.7",
     "jest-watcher": "^27.0.0-next.7",
-    "micromatch": "^4.0.2",
+    "micromatch": "^4.0.4",
     "p-each-series": "^2.1.0",
     "rimraf": "^3.0.0",
     "slash": "^3.0.0",
@@ -44,7 +44,7 @@
     "@jest/test-utils": "^27.0.0-next.7",
     "@types/exit": "^0.1.30",
     "@types/graceful-fs": "^4.1.2",
-    "@types/micromatch": "^4.0.0",
+    "@types/micromatch": "^4.0.1",
     "@types/rimraf": "^3.0.0",
     "jest-snapshot-serializer-raw": "^1.1.0"
   },
diff --git a/packages/jest-haste-map/package.json b/packages/jest-haste-map/package.json
index e49b9007df11..51fe809fcbef 100644
--- a/packages/jest-haste-map/package.json
+++ b/packages/jest-haste-map/package.json
@@ -24,14 +24,14 @@
     "jest-serializer": "^27.0.0-next.0",
     "jest-util": "^27.0.0-next.7",
     "jest-worker": "^27.0.0-next.7",
-    "micromatch": "^4.0.2",
+    "micromatch": "^4.0.4",
     "walker": "^1.0.7"
   },
   "devDependencies": {
     "@jest/test-utils": "^27.0.0-next.7",
     "@types/anymatch": "^1.3.1",
     "@types/fb-watchman": "^2.0.0",
-    "@types/micromatch": "^4.0.0",
+    "@types/micromatch": "^4.0.1",
     "jest-snapshot-serializer-raw": "^1.1.0",
     "slash": "^3.0.0"
   },
diff --git a/packages/jest-message-util/package.json b/packages/jest-message-util/package.json
index c63990882e3a..c6cfff81b59a 100644
--- a/packages/jest-message-util/package.json
+++ b/packages/jest-message-util/package.json
@@ -22,7 +22,7 @@
     "@types/stack-utils": "^2.0.0",
     "chalk": "^4.0.0",
     "graceful-fs": "^4.2.4",
-    "micromatch": "^4.0.2",
+    "micromatch": "^4.0.4",
     "pretty-format": "^27.0.0-next.7",
     "slash": "^3.0.0",
     "stack-utils": "^2.0.3"
@@ -30,7 +30,7 @@
   "devDependencies": {
     "@types/babel__code-frame": "^7.0.0",
     "@types/graceful-fs": "^4.1.3",
-    "@types/micromatch": "^4.0.0"
+    "@types/micromatch": "^4.0.1"
   },
   "publishConfig": {
     "access": "public"
diff --git a/packages/jest-transform/package.json b/packages/jest-transform/package.json
index 91812127fd10..85788e4ab580 100644
--- a/packages/jest-transform/package.json
+++ b/packages/jest-transform/package.json
@@ -24,7 +24,7 @@
     "jest-haste-map": "^27.0.0-next.7",
     "jest-regex-util": "^27.0.0-next.0",
     "jest-util": "^27.0.0-next.7",
-    "micromatch": "^4.0.2",
+    "micromatch": "^4.0.4",
     "pirates": "^4.0.1",
     "slash": "^3.0.0",
     "source-map": "^0.6.1",
@@ -36,7 +36,7 @@
     "@types/convert-source-map": "^1.5.1",
     "@types/fast-json-stable-stringify": "^2.0.0",
     "@types/graceful-fs": "^4.1.2",
-    "@types/micromatch": "^4.0.0",
+    "@types/micromatch": "^4.0.1",
     "@types/write-file-atomic": "^3.0.0",
     "dedent": "^0.7.0",
     "jest-snapshot-serializer-raw": "^1.1.0"
diff --git a/packages/jest-util/package.json b/packages/jest-util/package.json
index f066cee9867f..3ce1a490e733 100644
--- a/packages/jest-util/package.json
+++ b/packages/jest-util/package.json
@@ -19,12 +19,13 @@
     "chalk": "^4.0.0",
     "graceful-fs": "^4.2.4",
     "is-ci": "^3.0.0",
-    "micromatch": "^4.0.2"
+    "picomatch": "^2.2.3"
   },
   "devDependencies": {
     "@types/graceful-fs": "^4.1.2",
     "@types/is-ci": "^2.0.0",
-    "@types/micromatch": "^4.0.0"
+    "@types/micromatch": "^4.0.1",
+    "@types/picomatch": "^2.2.2"
   },
   "engines": {
     "node": "^10.13.0 || ^12.13.0 || ^14.15.0 || >=15.0.0"
diff --git a/packages/jest-util/src/__tests__/globsToMatcher.test.ts b/packages/jest-util/src/__tests__/globsToMatcher.test.ts
index f676d7ae0360..272996da2d31 100644
--- a/packages/jest-util/src/__tests__/globsToMatcher.test.ts
+++ b/packages/jest-util/src/__tests__/globsToMatcher.test.ts
@@ -70,3 +70,29 @@ it('works like micromatch with empty globs', () => {
     micromatch(['some-module.test.js'], globs).length > 0,
   );
 });
+
+it('works like micromatch with pure negated extglobs', () => {
+  const globs = ['**/*.js', '!(some-module.test.js)'];
+  const matcher = globsToMatcher(globs);
+
+  expect(matcher('some-module.js')).toBe(
+    micromatch(['some-module.js'], globs).length > 0,
+  );
+
+  expect(matcher('some-module.test.js')).toBe(
+    micromatch(['some-module.test.js'], globs).length > 0,
+  );
+});
+
+it('works like micromatch with negated extglobs', () => {
+  const globs = ['**/*.js', '!(tests|coverage)/*.js'];
+  const matcher = globsToMatcher(globs);
+
+  expect(matcher('some-module.js')).toBe(
+    micromatch(['some-module.js'], globs).length > 0,
+  );
+
+  expect(matcher('tests/some-module.test.js')).toBe(
+    micromatch(['tests/some-module.test.js'], globs).length > 0,
+  );
+});
diff --git a/packages/jest-util/src/globsToMatcher.ts b/packages/jest-util/src/globsToMatcher.ts
index ad4285825efe..ceb8d62c3f07 100644
--- a/packages/jest-util/src/globsToMatcher.ts
+++ b/packages/jest-util/src/globsToMatcher.ts
@@ -5,7 +5,7 @@
  * LICENSE file in the root directory of this source tree.
  */
 
-import micromatch = require('micromatch');
+import picomatch = require('picomatch');
 import type {Config} from '@jest/types';
 import replacePathSepForGlob from './replacePathSepForGlob';
 
@@ -16,15 +16,15 @@ const globsToMatchersMap = new Map<
   {isMatch: Matcher; negated: boolean}
 >();
 
-const micromatchOptions = {dot: true};
+const picomatchOptions = {dot: true};
 
 /**
  * Converts a list of globs into a function that matches a path against the
  * globs.
  *
- * Every time micromatch is called, it will parse the glob strings and turn
- * them into regexp instances. Instead of calling micromatch repeatedly with
- * the same globs, we can use this function which will build the micromatch
+ * Every time picomatch is called, it will parse the glob strings and turn
+ * them into regexp instances. Instead of calling picomatch repeatedly with
+ * the same globs, we can use this function which will build the picomatch
  * matchers ahead of time and then have an optimized path for determining
  * whether an individual path matches.
  *
@@ -44,13 +44,13 @@ export default function globsToMatcher(globs: Array<Config.Glob>): Matcher {
 
   const matchers = globs.map(glob => {
     if (!globsToMatchersMap.has(glob)) {
-      // Matchers that are negated have different behavior than matchers that
-      // are not negated, so we need to store this information ahead of time.
-      const {negated} = micromatch.scan(glob, micromatchOptions);
+      const isMatch = picomatch(glob, picomatchOptions, true);
 
       const matcher = {
-        isMatch: micromatch.matcher(glob, micromatchOptions),
-        negated,
+        isMatch,
+        // Matchers that are negated have different behavior than matchers that
+        // are not negated, so we need to store this information ahead of time.
+        negated: isMatch.state.negated || !!isMatch.state.negatedExtglob,
       };
 
       globsToMatchersMap.set(glob, matcher);
diff --git a/yarn.lock b/yarn.lock
index 7a76949be55b..0938f5bdd6f4 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -2439,7 +2439,7 @@ __metadata:
     "@jest/types": ^27.0.0-next.7
     "@types/exit": ^0.1.30
     "@types/graceful-fs": ^4.1.2
-    "@types/micromatch": ^4.0.0
+    "@types/micromatch": ^4.0.1
     "@types/node": "*"
     "@types/rimraf": ^3.0.0
     ansi-escapes: ^4.2.1
@@ -2461,7 +2461,7 @@ __metadata:
     jest-util: ^27.0.0-next.7
     jest-validate: ^27.0.0-next.7
     jest-watcher: ^27.0.0-next.7
-    micromatch: ^4.0.2
+    micromatch: ^4.0.4
     p-each-series: ^2.1.0
     rimraf: ^3.0.0
     slash: ^3.0.0
@@ -2581,7 +2581,7 @@ __metadata:
     jest-watch-typeahead: ^0.6.0
     jquery: ^3.2.1
     lerna: ^4.0.0
-    micromatch: ^4.0.2
+    micromatch: ^4.0.4
     mlh-tsd: ^0.14.1
     mock-fs: ^4.4.1
     node-notifier: ^9.0.0
@@ -2727,7 +2727,7 @@ __metadata:
     "@types/convert-source-map": ^1.5.1
     "@types/fast-json-stable-stringify": ^2.0.0
     "@types/graceful-fs": ^4.1.2
-    "@types/micromatch": ^4.0.0
+    "@types/micromatch": ^4.0.1
     "@types/write-file-atomic": ^3.0.0
     babel-plugin-istanbul: ^6.0.0
     chalk: ^4.0.0
@@ -2739,7 +2739,7 @@ __metadata:
     jest-regex-util: ^27.0.0-next.0
     jest-snapshot-serializer-raw: ^1.1.0
     jest-util: ^27.0.0-next.7
-    micromatch: ^4.0.2
+    micromatch: ^4.0.4
     pirates: ^4.0.1
     slash: ^3.0.0
     source-map: ^0.6.1
@@ -4690,7 +4690,7 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@types/micromatch@npm:^4.0.0":
+"@types/micromatch@npm:^4.0.1":
   version: 4.0.1
   resolution: "@types/micromatch@npm:4.0.1"
   dependencies:
@@ -4780,6 +4780,13 @@ __metadata:
   languageName: node
   linkType: hard
 
+"@types/picomatch@npm:^2.2.2":
+  version: 2.2.2
+  resolution: "@types/picomatch@npm:2.2.2"
+  checksum: f55b30a9c532bd701f502132127c905739acd53cd5c0e5b3ef4b6bdbe7387c028f44cd3e8dd5b6df584ff57d0ca0dea22c2433b2fe137265a87c4893aefa8a61
+  languageName: node
+  linkType: hard
+
 "@types/prettier@npm:*, @types/prettier@npm:^2.0.0, @types/prettier@npm:^2.1.5":
   version: 2.2.2
   resolution: "@types/prettier@npm:2.2.2"
@@ -13450,7 +13457,7 @@ fsevents@^1.2.7:
     "@types/babel__core": ^7.0.4
     "@types/glob": ^7.1.1
     "@types/graceful-fs": ^4.1.3
-    "@types/micromatch": ^4.0.0
+    "@types/micromatch": ^4.0.1
     babel-jest: ^27.0.0-next.7
     chalk: ^4.0.0
     deepmerge: ^4.2.2
@@ -13466,7 +13473,7 @@ fsevents@^1.2.7:
     jest-snapshot-serializer-raw: ^1.1.0
     jest-util: ^27.0.0-next.7
     jest-validate: ^27.0.0-next.7
-    micromatch: ^4.0.2
+    micromatch: ^4.0.4
     pretty-format: ^27.0.0-next.7
     strip-ansi: ^6.0.0
     ts-node: ^9.0.0
@@ -13593,7 +13600,7 @@ fsevents@^1.2.7:
     "@types/anymatch": ^1.3.1
     "@types/fb-watchman": ^2.0.0
     "@types/graceful-fs": ^4.1.2
-    "@types/micromatch": ^4.0.0
+    "@types/micromatch": ^4.0.1
     "@types/node": "*"
     anymatch: ^3.0.3
     fb-watchman: ^2.0.0
@@ -13604,7 +13611,7 @@ fsevents@^1.2.7:
     jest-snapshot-serializer-raw: ^1.1.0
     jest-util: ^27.0.0-next.7
     jest-worker: ^27.0.0-next.7
-    micromatch: ^4.0.2
+    micromatch: ^4.0.4
     slash: ^3.0.0
     walker: ^1.0.7
   dependenciesMeta:
@@ -13709,11 +13716,11 @@ fsevents@^1.2.7:
     "@jest/types": ^27.0.0-next.7
     "@types/babel__code-frame": ^7.0.0
     "@types/graceful-fs": ^4.1.3
-    "@types/micromatch": ^4.0.0
+    "@types/micromatch": ^4.0.1
     "@types/stack-utils": ^2.0.0
     chalk: ^4.0.0
     graceful-fs: ^4.2.4
-    micromatch: ^4.0.2
+    micromatch: ^4.0.4
     pretty-format: ^27.0.0-next.7
     slash: ^3.0.0
     stack-utils: ^2.0.3
@@ -14008,12 +14015,13 @@ fsevents@^1.2.7:
     "@jest/types": ^27.0.0-next.7
     "@types/graceful-fs": ^4.1.2
     "@types/is-ci": ^2.0.0
-    "@types/micromatch": ^4.0.0
+    "@types/micromatch": ^4.0.1
     "@types/node": "*"
+    "@types/picomatch": ^2.2.2
     chalk: ^4.0.0
     graceful-fs: ^4.2.4
     is-ci: ^3.0.0
-    micromatch: ^4.0.2
+    picomatch: ^2.2.3
   languageName: unknown
   linkType: soft
 
@@ -15862,13 +15870,13 @@ fsevents@^1.2.7:
   languageName: node
   linkType: hard
 
-"micromatch@npm:^4.0.2":
-  version: 4.0.2
-  resolution: "micromatch@npm:4.0.2"
+"micromatch@npm:^4.0.2, micromatch@npm:^4.0.4":
+  version: 4.0.4
+  resolution: "micromatch@npm:4.0.4"
   dependencies:
     braces: ^3.0.1
-    picomatch: ^2.0.5
-  checksum: 0cb0e11d647cbb65e398a0a8a1340a7fb751ae2722346219c435704cfac8b3275a94a6464236fe867f52ad46a24046d3bc4ac11b3d21ddb73bc44e27cf1e4904
+    picomatch: ^2.2.3
+  checksum: bc522ad93c086aa176f50fea2dc8060a8f7d7a621c811cf9ba02a1912577cc100190508166d721231465f10a575a40ec8a1bffc23bbc2c0108fcbf02e4be04ed
   languageName: node
   linkType: hard
 
@@ -17859,10 +17867,10 @@ fsevents@^1.2.7:
   languageName: node
   linkType: hard
 
-"picomatch@npm:^2.0.4, picomatch@npm:^2.0.5, picomatch@npm:^2.2.1, picomatch@npm:^2.2.2":
-  version: 2.2.2
-  resolution: "picomatch@npm:2.2.2"
-  checksum: 20fa75e0a58b39d83425b3db68744d5f6f361fd4fd66ec7745d884036d502abba0d553a637703af79939b844164b13e60eea339ccb043d7fbd74c3da2592b864
+"picomatch@npm:^2.0.4, picomatch@npm:^2.2.1, picomatch@npm:^2.2.2, picomatch@npm:^2.2.3":
+  version: 2.2.3
+  resolution: "picomatch@npm:2.2.3"
+  checksum: f8c9323bc3b21ff448e81dd32277135d781abae5d53a1415d69a4ce6317a2c11404d449c550110b8fa402c07d5e80ff0e2657f263a312517cc809e9010d25791
   languageName: node
   linkType: hard