The Colima gubernatorial race for 2027 remains highly fluid more than a year before the vote, with trader odds reflecting a crowded field of potential nominees across Morena-PT-PVEM, PAN, PRI, and Movimiento Ciudadano. Recent surveys show Rosa María Bayardo Cabrera and Riult Rivera Gutiérrez leading intra-party or coalition preferences, yet high shares of undecided or “none” respondents—often exceeding 40 percent—prevent any single profile from consolidating. Party coalition negotiations, candidate selection timelines, and local positioning on security and economic issues continue to shape early sentiment without decisive separation. The current tight pricing captures this baseline uncertainty, with separation likely to emerge from formal nominations, alliance formations, or polling shifts closer to the primary cycle.