Both of WWE's major women's titles have changed hands since SummerSlam, making it likely that one of those women will face the winner of the 2026 Women's Royal Rumble.Stephanie Vaquer joined RAW ahead of WrestleMania 41 and already captured the Women's World Championship.After two prior attempts, Jade Cargill defeated Tiffany Stratton for the WWE Women's Championship at Saturday Night's Main Event.With Charlotte Flair becoming the first woman to win the match twice, 2026 could witness another second-time winner. The next five WWE stars are among the very early favorites to win the 2026 Women's Royal Rumble.#5. Lyra Valkyria's stock has soared in 2025Roxanne Perez could be a dark horse due to setting the record for time spent in a Rumble by a woman this year. Still, she's been up and down with losses in the Judgment Day and is regularly featured on RAW.Lyra Valkyria was the inaugural Women's Intercontinental Champion and had a series of fantastic matches with Becky Lynch and Bayley over the title.She's growing in popularity and is a future World Champion. If something big happens with Bayley turning on her before the Royal Rumble, her odds could rise.#4. Tiffany Stratton recovers from a devastating lossTiffany Stratton lost the WWE Women's title to Jade Cargill after a run of over 300 days. Losing a title opens her up for other things, like competing in the match in 2026.She didn't last year due to cashing in Money in the Bank on Nia Jax a few weeks ahead of the Rumble. Since Stratton is one of the most popular women in WWE, she'll be a favorite to win the Royal Rumble for the first time.It would be a rehash of her feud with Cargill, but she could always win and challenge Vaquer with a victory.#3. Bianca Belair won the 2021 Royal RumbleBianca Belair has been out of commission with a broken finger since WrestleMania. She could have returned recently, but officials were probably waiting for Stratton to lose to Cargill for The EST to re-emerge.Despite challenging for a title this year after winning the Elimination Chamber, officials may want to give Belair another Rumble win since she's been out of the title scene for a long time.Winning another Elimination Chamber match should be out of the question since it would be her third such win.Giving it to someone who hasn't won would be a better route, but the top stars of each division are always among the favorites to win. Rhea Ripley had several title shots this year, but is in the same boat as Belair.#2. IYO SKY had a great run in 2025 View this post on Instagram Instagram PostDue to her face turn last year, IYO SKY was one of the favorites to win the 2025 Royal Rumble.She entered first, lasting over an hour before her elimination by Nia Jax. SKY eventually earned a shot at Rhea Ripley, defeating her on the Road to WrestleMania.The two sides competed in a triple threat with Bianca Belair after The EST won another Elimination Chamber match for her spot at The Show of Shows.The Genius of the Sky has grown in popularity alongside Ripley, and like Ripley, she'll be on the list of potential winners for the 2026 match.#1. Liv Morgan returns with a massive victoryLiv Morgan is one of the longer-tenured women in WWE. Recently, she's been the runner-up in the 2023 and 2024 Royal Rumble matches. She was also the final person eliminated in the 2024 Women's Elimination Chamber contest.Those losses turned into a few runs as Champion, but Morgan has been out of action since June due to a shoulder injury. Her recovery timetable puts her in line to return at any point.That would set her up for a possible return as a surprise entrant in the 2026 Royal Rumble. Fans would cheer for her, especially if Dominik Mysterio turns face.