Record-high Arab voter turnout in the October 27, 2026 Knesset election, motivated by opposition to the outgoing right-wing government, drove the United Arab List (Ra'am) to a projected 8 seats and approximately 5.93% of the national vote in the near-complete count. This performance exceeded pre-election polling averages of 5-7 seats and placed Ra'am well above the 3.25% electoral threshold. Traders have priced the 5.5%+ outcome as the consensus view, reflecting the confirmed preliminary tallies from the Central Elections Committee. Official certification remains scheduled for early November, though no material shifts are anticipated from remaining double-envelope ballots. The result marks Ra'am’s strongest showing since 2020 and positions the party as a potential factor in post-election coalition talks.