Number of tropical storms in 2026?
Short Answer
1. Executive Verdict
- Expert consensus anticipates a below-average 2026 hurricane season due to El Niño.
- Most experts forecast 11-13 named storms, impacting lower thresholds less.
- The vast majority of forecasts predict well below 16 named storms.
- Colorado State University forecasts 13 named storms and 6 hurricanes.
- Past strong El Niño seasons serve as analogs for suppressed storm activity.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| Above 18 | 19.0% | 12.3% | Expert forecasts largely predict fewer than 18 named storms due to an anticipated El Niño. |
| Above 16 | 32.0% | 16.9% | Most expert forecasts are well below 16 named storms, anticipating a suppressed season. |
| Above 14 | 41.0% | 22.5% | Several expert forecasts predict activity below the 14-storm historical average. |
| Above 12 | 72.0% | 58.1% | Most expert forecasts anticipate at least 11-13 named storms despite a below-average season. |
| Above 10 | 91.0% | 82.0% | Expert forecasts largely anticipate at least 11 named storms, even with a suppressed season. |
Current Context
2. Market Behavior & Price Dynamics
Historical Price (Probability)
3. Significant Price Movements
Notable price changes detected in the chart, along with research into what caused each movement.
Outcome: Above 14
📉 May 06, 2026: 10.0pp drop
Price decreased from 51.0% to 41.0%
📉 May 05, 2026: 15.0pp drop
Price decreased from 66.0% to 51.0%
Outcome: Above 16
📉 May 04, 2026: 11.0pp drop
Price decreased from 44.0% to 33.0%
Outcome: Above 12
📈 May 03, 2026: 10.0pp spike
Price increased from 75.0% to 85.0%
Outcome: Above 18
📉 May 01, 2026: 25.0pp drop
Price decreased from 40.0% to 15.0%
4. Market Data
Contract Snapshot
This market resolves to YES if the NOAA's National Hurricane Center records more than 14 tropical storms, each with maximum sustained winds of 39 mph or above, between January 1, 2026, and December 1, 2026. If 14 or fewer such storms are recorded within this period, the market resolves to NO. The market closes on December 1, 2026, 11:59 pm EST, and trading is prohibited for employees of Source Agencies or individuals with material, non-public information.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| Above 10 | $0.92 | $0.18 | 91% |
| Above 12 | $0.84 | $0.28 | 72% |
| Above 14 | $0.54 | $0.59 | 41% |
| Above 16 | $0.33 | $0.68 | 32% |
| Above 25 | $0.11 | $0.98 | 21% |
| Above 18 | $0.19 | $0.82 | 19% |
| Above 20 | $0.10 | $0.91 | 10% |
| Above 30 | $0.07 | $0.98 | 10% |
Market Discussion
Traders are discussing various atmospheric and oceanic conditions that could influence the number of tropical storms in 2026. Arguments for a higher storm count emphasize sustained higher-than-normal Atlantic temperatures. Conversely, factors like average African heat waves, a strong El Niño forecast for August, wind shear, and Saharan Dust are cited as potential inhibitors. Despite these counterarguments, the market currently indicates a 72% chance of exceeding 12 tropical storms.
5. How do the 2026 hurricane season forecasts from Colorado State University and the University of Arizona differ in their assessment of El Niño versus Atlantic Ocean temperatures?
| CSU Named Storms | 13 named storms (6 hurricanes, 2 major) (CSU) [^][^] |
|---|---|
| UArizona Named Storms | 20 named storms (9 hurricanes, 4 major) (UArizona) [^] |
| CSU Season Projection | Somewhat below-average [^] |
6. What specific developments in the El Niño-Southern Oscillation (ENSO) during mid-2026 would cause agencies like NOAA and CSU to significantly revise their storm counts?
| CSU April 2026 Forecast | Below-average Atlantic hurricane season (due to El Niño) [^][^] |
|---|---|
| NOAA ENSO-neutral Probability | 80% (Apr-Jun 2026) [^] |
| NOAA El Niño Probability | 61% (May-Jul 2026) [^] |
7. Which historical hurricane seasons between 1991-2020 serve as the best analogs for a developing strong El Niño, and how do their storm counts align with the 2026 consensus forecast?
| El Niño Analog Seasons Named Storms | 1991 (8), 1997 (7), 2015 (11) [^][^][^] |
|---|---|
| Average Storms in El Niño Years | Roughly 10 storms [^] |
| 2026 Named Storm Forecasts | CSU April: 13 named storms [^]; Cyclonic Fury: 10–14 named storms [^] |
8. What is the official release schedule for the key 2026 Atlantic hurricane season outlooks from NOAA, CSU, and TSR, and when have these agencies historically issued significant mid-season updates?
| NOAA 2026 Outlook Release | May 21, 2026 [^][^] |
|---|---|
| CSU 2026 Initial Outlook Release | April 9, 2026 [^][^][^] |
| TSR 2026 Extended Outlook Release | December 2025 [^][^] |
9. How do the 2026 U.S. landfall projections from AccuWeather and Tropical Storm Risk (TSR) compare in terms of number of storms and expected geographic risk zones?
| AccuWeather Named Storms (2026) | 11-16 [^][^][^] |
|---|---|
| TSR Named Storms (2026) | 12 [^] |
| AccuWeather U.S. Impacts (2026) | 3-5 [^][^][^] |
10. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Expiration: December 02, 2026
- Closes: December 02, 2026
11. Decision-Flipping Events
- Trigger: Several forecasts for the 2026 Atlantic hurricane season project varying numbers of named storms and hurricanes.
- Trigger: As of early May 2026, AccuWeather’s Atlantic hurricane season forecast projects 11–16 named storms (with 4–7 hurricanes) [^] .
- Trigger: Colorado State University’s initial 2026 Atlantic forecast projects 13 named storms, 6 hurricanes, and 2 major hurricanes [^] .
- Trigger: Climate Impact Company’s 2026 North Atlantic basin outlook projects 13 tropical storms (plus 5 hurricanes and 3 intense hurricanes) [^] .
13. Historical Resolutions
No historical resolution data available for this series.
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