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AI Insights:
03.04 11:27 UpdatedFair Value Reasoning:
Incumbent Democrat Dina Titus demonstrated exceptional resilience by winning by approximately 7.5% in 2024, a year where Trump won the presidency. The 2026 cycle is a midterm election under a Republican administration (Trump), a scenario that historically heavily favors the opposition party (Democrats) due to the 'midterm penalty'. While the Cook Political Report currently rates this race as 'Lean Democrat', the combination of Titus's incumbency advantage and the favorable macro environment suggests a win probability closer to 90% ('Likely/Safe Democrat'). The current market price of 84.5c is slightly conservative relative to the fundamental strength of the Democratic position.
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