Recent midterm election results and exit polls have anchored trader consensus around an 8-9% GOP share of the Black vote in 2026 House races. National surveys from the AP Voter Poll and Edison Research show Republicans capturing roughly 9% of Black voters, down from the 13-16% range recorded for Donald Trump in 2024. This reversal reflects Democratic gains among Black men and women amid voter concerns over the economy, cost of living, and policy priorities, with turnout patterns and polling averages reinforcing the shift back toward historical baselines near 10% or below. Market pricing reflects these verified vote-share estimates rather than earlier 2024 momentum, though future cycles could alter trajectories if outreach or economic conditions change.