diff --git a/django/db/models/expressions.py b/django/db/models/expressions.py
index 07e1641dc1..8cceb7d966 100644
--- a/django/db/models/expressions.py
+++ b/django/db/models/expressions.py
@@ -676,6 +676,10 @@ class Func(SQLiteNumericMixin, Expression):
 
 class Value(Expression):
     """Represent a wrapped value as a node within an expression."""
+    # Provide a default value for `for_save` in order to allow unresolved
+    # instances to be compiled until a decision is taken in #25425.
+    for_save = False
+
     def __init__(self, value, output_field=None):
         """
         Arguments:
diff --git a/tests/expressions/tests.py b/tests/expressions/tests.py
index 47a410268e..42b8c8f34b 100644
--- a/tests/expressions/tests.py
+++ b/tests/expressions/tests.py
@@ -1703,6 +1703,14 @@ class ValueTests(TestCase):
         with self.assertRaisesMessage(ValueError, msg):
             ExpressionList()
 
+    def test_compile_unresolved(self):
+        # This test might need to be revisited later on if #25425 is enforced.
+        compiler = Time.objects.all().query.get_compiler(connection=connection)
+        value = Value('foo')
+        self.assertEqual(value.as_sql(compiler, connection), ('%s', ['foo']))
+        value = Value('foo', output_field=CharField())
+        self.assertEqual(value.as_sql(compiler, connection), ('%s', ['foo']))
+
 
 class FieldTransformTests(TestCase):