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AI Insights:
03.08 09:34 UpdatedFair Value Reasoning:
While Ann Wagner is a veteran incumbent, the 2026 midterms under a Trump presidency present a hostile 'Midterm Curse' environment. MO-02 is a suburban, educated district undergoing a demographic shift away from the GOP. Combined with Wagner's weak approval (32% in PPP polling) and DCCC targeting, the seat has degraded from 'Solid' to 'Lean Republican' or 'Toss-up'. The market's implied probability (~72% normalized) slightly overvalues GOP safety; fair value reflects a more competitive 60/40 split given the wave potential.
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Movers
On March 5, 2026, the Republican Party price dropped sharply from 75.5c to 61.5c (-14c). This correction was likely driven by updated election ratings (e.g., Sabato's Crystal Ball update on March 4) and weak polling data for Wagner, prompting a repricing from 'Safe' to 'Competitive'.
From February 9, 2026, to February 10, 2026, the Democratic Party price doubled from 8.5c to 16.5c (+8c), signaling an initial market correction from distressed levels as the DCCC targeted the district.