Democratic candidates Amy Klobuchar and Peggy Flanagan hold clear edges in Minnesota’s open gubernatorial and U.S. Senate races heading into the November 2026 election. Recent polling averages show Klobuchar leading Republican Lisa Demuth by roughly 6–7 points, while the Senate contest between Flanagan and Michele Tafoya has tightened to a virtual tie or low-single-digit Democratic advantage in late September surveys. Early voting began in mid-September, and both races have seen Republican gains among independents and in rural areas, narrowing earlier Democratic margins. The open seats—following Tina Smith’s Senate retirement and Tim Walz’s decision not to seek re-election—have drawn strong party resources, yet Minnesota’s recent statewide voting patterns continue to favor Democrats. Trader pricing reflects this positioning, with a Democratic sweep viewed as the most probable combined outcome despite the Senate race’s competitiveness.