Iliana Iotova, the incumbent president who assumed office after Rumen Radev’s January 2026 resignation, holds a commanding lead in the October 25 presidential race due to her established position, broad initiative committee backing, and consistent first-round polling support of 41–48%. Recent surveys from Gallup, Trend, Market Links, and Myara place Andrey Gyurov, the former caretaker prime minister, a distant second at 22–27%, positioning the pair for a likely runoff under Bulgaria’s two-round system. The remaining field of over two dozen candidates, including Kostadin Kostadinov, remains fragmented below 11%, with expected turnout near 36% reinforcing the frontrunner’s advantage. Trader consensus reflects these polling trends and Iotova’s institutional profile ahead of the vote.