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Value
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François Piquemal
YesNo
Jean-Luc Moudenc
YesNo
François Briançon
YesNo
Julian Menendez
YesNo
Julien Leonardelli
YesNo
Arthur Cottrel
YesNo
Malena Adrada
YesNo
Lambert Meilhac
YesNo
Guillaume Scali
YesNo
Vanessa Pedinotti
YesNo
AI Insights:
3 hours ago UpdatedFair Value Reasoning:
According to the market rules, the Toulouse mayoral election proceeds to a runoff (March 22), with the primary contest between incumbent Jean-Luc Moudenc (Center-Right) and Far-Left challenger François Piquemal (NUPES/LFI). Following the first round, a 'Republican Front' effect typically diminishes the Far-Left's chances, as moderate-left voters (e.g., Socialist Party supporters) are often reluctant to back a radical candidate, preferring to abstain or shift to the moderate incumbent to block the extremes. Moudenc's rebound post-Round 1 (from 44c to 61c) suggests the market is correcting its overreaction to the 'Left Unity' narrative. Historically, incumbents in swing cities like Toulouse possess stronger mobilization capabilities and centrist appeal. Piquemal's ceiling is limited by ideological polarization. Therefore, Moudenc's fair value is pegged higher than the current market price, around 68c, reflecting his structural advantage as the defensive incumbent.
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Movers
March 17 - March 18, 2026, Jean-Luc Moudenc's price staged a strong rebound from 44c to 61c, while François Piquemal retraced from 55c to 39c. The reason is that after digesting the Round 1 results, the market realized the structural disadvantage of a Far-Left candidate in the runoff (bleeding moderate voters), causing capital to flow back to the incumbent.
March 16 - March 17, 2026, François Piquemal surged from 21c to 55c, driven by announcements of Left-wing consolidation for the runoff, sparking a brief 'Leftist upset' speculation.
March 15, 2026 (Election Night), François Briançon (Socialist) crashed to zero, confirming elimination; Jean-Luc Moudenc saw high volatility, reflecting the uncertainty during the initial Round 1 vote counting.