Elections Intelligence

Raymond Smith

NC-3U.S. House H architectural icon
CHALLENGER Likely R Underdog
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What the Signal reads

Likely R

Smith is the Democratic challenger for a seat the Signal rates Likely R. The market has Smith at 17¢ against Murphy's 84¢, up 7.9¢ since August 3. The polling average has Murphy ahead by 5 points, and Murphy leads 10.5 to 1 in money raised.

The market

Kalshi ↗
Smith · Democratic contract
17.0¢
▲ 7.9¢since August 3

This contract settles on whether a Democrat holds the seat, not on Raymond Smith by name.

Aug 342 daily readings · high 20¢ · low 9.1¢Oct 12
Raymond SmithDemocratic
17.0¢
Gregory F. MurphyRepublican · incumbent
84.0¢

4,176 traded · 2,924 open. Prices are the yes ask; sides may not sum to 100.Checked 2:09 PM ET

Smith v Murphy

Metric by metric
Smith
Murphy
17.0¢
MarketKalshi, 2:09 PM ET
84.0¢
$223.1K
RaisedFEC, through June 30
$2.36M
$73.7K
Cash on handFEC, through June 30
$2.70M
41%
Latest pollTulchin Research, House Majority PAC sponsor · Aug 2
44%
No office on file
Holds now
U.S. Representativesince 2019

The 2026 race

North Carolina 3rd District
Latest poll
R+5

Tulchin Research, House Majority PAC sponsor, August 2.

Prior result
Murphy +54.8

Murphy won 77.4% to 22.6% over Gheorghe Cormos (Libertarian) (2024).

Fundraising
10.5 to 1

Raised 2025 to 2026, through June 30.

The general election is on November 3, which is 22 days away.