The confirmed results from Andalusia's May 17, 2026 regional election show the People's Party securing 53 seats in the 109-seat parliament, two below the 55-seat threshold required for an absolute majority. This outcome, following earlier polls that had projected a possible outright win for the PP under regional president Juanma Moreno, directly accounts for traders' near-certain consensus against an absolute majority. The PSOE suffered historic losses while Vox gained ground as a potential kingmaker, consistent with patterns in recent Spanish regional contests. Late-stage vote certification or minor procedural adjustments remain the only theoretical variables that could shift the seat tally, though none have emerged in the weeks since polling closed.