diff --git a/pkg/api/handlers/compat/containers_stats_linux.go b/pkg/api/handlers/compat/containers_stats_linux.go
index e6309f9b18..cce67d20b5 100644
--- a/pkg/api/handlers/compat/containers_stats_linux.go
+++ b/pkg/api/handlers/compat/containers_stats_linux.go
@@ -72,7 +72,7 @@ func statsContainerJSON(ctnr *libpod.Container, stats *define.ContainerStats, pr
 
 	resources := ctnr.LinuxResources()
 	memoryLimit := cgroupStat.MemoryStats.Usage.Limit
-	if resources != nil && resources.Memory != nil && *resources.Memory.Limit > 0 {
+	if resources != nil && resources.Memory != nil && resources.Memory.Limit != nil && *resources.Memory.Limit > 0 {
 		memoryLimit = uint64(*resources.Memory.Limit)
 	}
 
diff --git a/test/apiv2/19-stats.at b/test/apiv2/19-stats.at
index 2ca4b02daf..4431ab8fbb 100644
--- a/test/apiv2/19-stats.at
+++ b/test/apiv2/19-stats.at
@@ -27,3 +27,9 @@ podman rm -f testctr2
 
 podman network rm testnet1
 podman network rm testnet2
+
+# regression for https://github.com/containers/podman/issues/29627
+# stats should not panic when memory-reservation is set without memory-limit
+podman run -dt --name testctr3 --memory-reservation=10m $IMAGE top &>/dev/null
+t GET libpod/containers/testctr3/stats?stream=false 200
+podman rm -f testctr3