Elections Intelligence

Texas U.S. Senate

OPEN SEAT
TOSS-UP
James Talarico Democratic · Open-seat nominee
KALSHI PARTY MARKETCHECKED Aug 27
DEMOCRAT 50¢REPUBLICAN 51¢
View market on Kalshi ↗
Ken Paxton Republican · Open-seat nominee
Also on the ballot: Joshua Cain (I), Ronald Evans (I), Camencia Ford (I), Jade Simmons (I) and Ted Brown (L).
FTP RACE SIGNAL

The market is less sure of this seat than its history is — a 10-point Republican hold in 2020, priced at 51¢ today.

Toss-up
SAFE DLIKELY DLEAN DTOSS-UPLEAN RLIKELY RSAFE R
Polling · Lean DD+6 — Slingshot Strategies, Aug 27. Fundraising · Lean DD 7.41-to-1 in receipts. Market · Toss-upR 51¢ — traders' price for a Republican hold. Prior result · Lean RR+9.64 in 2020.
Signal clarityHighas of 2026-08-27
MARKET BandPRICEToss-up50–65¢Lean65–82¢Likely82–95¢Safe95¢ and above
R 51¢

Kalshi party market · checked Aug 27

View market on Kalshi ↗
POLLING BandPOINTSToss-up0–5Lean5–10Likely10–20Safe20 and above
D+6
Slingshot Strategies ↗ C+ Aug 21 - 24 · n=1,000 LV D+6 INDEPENDENT
Slingshot Strategies ↗ C+ Aug 21 - 24 · n=1,000 LV D+6 INDEPENDENT
YouGov ↗ B+ Aug 5 - 13 · n=1,200 RV D+3 PARTISAN
PRIOR RESULT BandPOINTSToss-up0–5Lean5–12Likely12–25Safe25 and above
R+9.64

John Cornyn (R)

53.51 — 43.87 · 2020 general election

def. MJ Hegar (D). Margin verified against retrieved official results.

FUNDRAISING BandRATIO TO 1Parity1–5Lean5 and above
D 7.41 to 1
James Talarico$68.56M
Ken Paxton$9.25M

PULLED 08-04 · PERIOD 06-30 · FEC

Total receipts this cycle.

BALLOT & DATES Primary 03-03 · HELDRunoff 05-26 · HELDGeneral Nov 3, 2026 R settled · D settled · I no primary · L settled COMPARE THE CANDIDATES ⇄