Elections Intelligence

Ben Ray Luján

NMU.S. Senate S architectural icon
INCUMBENT Likely D Likely to win
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What the Signal reads

Likely D

Luján is the Democratic incumbent, defending a seat the Signal rates Likely D. The market has Luján at 98¢ against Marker's 1.9¢, up 1.9¢ since July 31. The polling average has Luján ahead by 16.5 points, and Luján leads 167.8 to 1 in money raised.

The market

Kalshi ↗
Luján · Democratic contract
98.0¢
▲ 1.9¢since July 31

This contract settles on whether a Democrat holds the seat, not on Ben Ray Luján by name.

Jul 3148 daily readings · high 99.8¢ · low 96.1¢Oct 12
Ben Ray LujánDemocratic · incumbent
98.0¢
Larry MarkerRepublican
1.9¢

44,190 traded · 26,033 open. Prices are the yes ask; sides may not sum to 100.Checked 2:09 PM ET

Luján v Marker

Metric by metric
Luján
Marker
98.0¢
MarketKalshi, 2:09 PM ET
1.9¢
$5.63M
RaisedFEC, through June 30
$33.5K
$4.40M
Cash on handFEC, through June 30
$11.9K
54%
Latest pollSurveyUSA · Sep 30
36%
U.S. Senatorsince 2021
Holds now
No office on file

The 2026 race

New Mexico U.S. Senate
Polling average
D+16.5

Average of 2 pollsters, August 28 to September 30.

Prior result
D+6.1

2020 general election, won by Ben R. Lujan.

Fundraising
167.8 to 1

Raised 2025 to 2026, through June 30.

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