Elections Intelligence

California Governor

OPEN SEATLikely D to Safe D

Gavin Newsom (D) has held this seat since 2019 and is term-limited.

Xavier Becerra Open-seat nominee
96.8¢
Party market · checked 2:09 PM ETView on Kalshi ↗
4¢
Steve Hilton Open-seat nominee

FTP Race Signal

FTP Race SignalA composite of market, polling and money. The prediction-market price anchors it; a polling average moves it: the last 30 days, or the three most recent pollsters when fewer polled. Polls paid for by a candidate, party or allied group move 2 points toward the other side and count half. When the three most recent independent pollsters each have the race within three points, it is a Toss-up unless the market is already decisive. Fundraising counts only at a five-to-one gap. Past results are context, not inputs. A rating changes only when the evidence clears the line.

The market has run well past this seat's history: an 18-point Democratic hold in 2022, priced at 96.8¢ today.

Safe D
Safe DLikely DLean DToss-upLean RLikely RSafe R
Market · Safe DD 96.8¢: traders' price for a Democratic hold. Polling · Likely DD+17.5 (average of 5 pollsters, Oct 2). Prior result · Likely DD+18.4 in 2022.

Market and polls both favor Becerra.

Polling moved 16 points toward the Republican over 22 days. As of October 12.

Market

BandPRICEToss-up50¢ to 65¢Lean65¢ to 82¢Likely82¢ to 95¢Safe95¢ and above
D 96.8¢

Kalshi party market · checked 2:09 PM ET

View market on Kalshi ↗

Polling

BandPOINTSToss-up0 to 5Lean5 to 10Likely10 to 20Safe20 and above
D+17.5
Ind Vote Proj. ↗ Sep 23 to Oct 2 · n=2,906 LV D+10 Independent
Wolfson ↗ Oct 1 to 2 · n=1,020 LV D+6 Hilton sponsor D+6 · Hilton sponsor · counts as D+8 at half weight
Manhatten Institute ↗ Sep 24 to Oct 1 · n=1,000 LV D+18 Independent
SurveyUSA ↗ A+ Sep 15 to 20 · n=742 LV D+21.9 Independent
Berkeley ↗ A- Sep 15 to 20 · n=4,512 LV D+25 Independent

Average of the latest poll from each of 5 pollsters in the last 30 days. Polls paid for by a candidate, party or allied group move 2 points toward the other side and count half.

Earlier polls · 8
PPIC ↗ A Sep 4 to 10 · n=1,103 LV D+22 Independent
Wolfson ↗ Aug 14 to 16 · n=912 RV D+9 Hilton sponsor D+9 · Hilton sponsor · counts as D+11 at half weight
Berkeley ↗ A- Aug 3 to 9 · n=2,310 LV D+18 Independent
PPIC ↗ A Jun 29 to Jul 6 · n=1,003 LV D+26 Independent
PPIC/Ipsos ↗ Jul 16 · n=1,003 LV D+25 Public Policy Institute of California sponsor
Kreate Strategies ↗ Jun 13 to 17 · n=900 LV D+25 Independent
Berkeley IGS Poll ↗ Jun 11 · n=8,578 RV D+21 Independent
CEPP ↗ C+ May 23 to 26 · n=735 LV D+23 Independent

Prior result

BandPOINTSToss-up0 to 5Lean5 to 12Likely12 to 25Safe25 and above
D+18.4

Gavin Newsom (D)

59.2% to 40.8% · 2022 general election

def. Brian Dahle (R). Margin verified against retrieved official results.

Fundraising

BandRATIO TO 1Parity1 to 5Lean5 and above
1.3 to 1

Raised Jan 1 to Sep 19

Xavier Becerra$29.75M ↗$7.61M cash
Steve Hilton$21.31M ↗$2.69M cash

Total receipts, January 1 to September 19, 2026.

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