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Venezuela leader end of 2026?

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Bulls Say, Bears Say

Bulls Say

Markets consistently price Rodríguez at 64-66%, far above all other candidates combined

Maduro removal markets repeatedly resolved NO, suggesting regime stability that benefits his VP

As Maduro's closest political ally, Rodríguez is the clear succession choice if regime changes internally

Bears Say

Maduro himself still holds power and has no clear incentive to transfer authority to Rodríguez

Opposition leader Machado and González together command ~16% of leadership probability, a real disruption risk

US pressure and sanctions could destabilize the regime before any planned succession occurs

Possible Outcomes