2026 forecast
New Mexico Treasurer forecast
Laura Montoya vs Jim Ellison, with Laura Montoya running again. The model has Montoya ahead by 24.3 points, with a 100 percent chance of winning.
County forecast
33 counties · 17 lean DemocraticD +40R +40Hover a county for its projected vote
How the model gets there
statewide margin at each step| Top of ticket, Senate and governor | D +22.1 |
| Down ballot history, moved to 2026 | D +23.6 |
| Blend of every leg | D +22.7 |
| With incumbency and primary unity | D +25.6 |
| With polls, 8% weight | D +24.3 |
Leg weights: Top of ticket 38%, Approval fundamentals 19%, Gallup, relaxed 13%, Down ballot history 31%. 80 percent of outcomes fall between D +32.7 and D +15.8.
Polls of the race
1 poll| Pollster | Sample | Ended | Montoya | Ellison | Margin |
|---|---|---|---|---|---|
| Research & Polling Inc. for Albuquerque Journal | 516 LV | 2026-08-28 | 46 | 37 | D +9.0 |