diff --git a/Makefile b/Makefile
index 9a75c48ae0..5d9ef3b8fd 100644
--- a/Makefile
+++ b/Makefile
@@ -1046,6 +1046,9 @@ include $(SRC_PATH)/tests/vm/Makefile.include
 help:
 	@echo  'Generic targets:'
 	@echo  '  all             - Build all'
+ifdef CONFIG_MODULES
+	@echo  '  modules         - Build all modules'
+endif
 	@echo  '  dir/file.o      - Build specified target only'
 	@echo  '  install         - Install QEMU, documentation and tools'
 	@echo  '  ctags/TAGS      - Generate tags file for editors'