Forever My Lady peaked at eighteen on the U.S. Billboard 200 and reached number one on the R&B Albums chart where it remained for three weeks. It spawned five singles including the group's first three #1 R&B singles: the title track, "Stay" and "Come and Talk to Me." The album also charted the highest on the Billboard Year-End chart as an R&B Album for 1992. Forever My Lady sold over 3 million copies and was certified 3x platinum.
Arion Berger of Entertainment Weekly gave the effort a good review, calling the work "sophisticated beyond the band members' years" and noting that "if they can keep up the momentum of this commercially successful debut (which has already gone Top 40 on the Billboard pop album chart), Jodeci will be a force to be reckoned with."