The 1968 Montana gubernatorial election took place on November 5, 1968. Incumbent Governor of Montana Tim Babcock, who became Governor upon the death of previous Governor Donald Grant Nutter and was elected in 1964, ran for re-election. He faced serious competition in the Republican primary from his Lieutenant Governor, but managed to comfortably win renomination. Advancing to the general election, Babcock faced Forrest H. Anderson, the Attorney General of Montana and the Democratic nominee, and independent candidate Wayne Montgomery of the New Reform Party. Ultimately, Anderson managed to defeat Babcock by a solid margin, winning his first and only term as governor. As of 2023, this is the last time an incumbent Governor of Montana lost re-election.
Democratic primary.
Results.
! scope="col" colspan="2" style="width: 15em" |Party
! scope="col" style="width: 17em" |Candidate
! scope="col" style="width: 5em" |Votes
! scope="col" style="width: 3.5em" |%
! colspan="3" style="text-align:right;" | Total votes
Republican primary.
Results.
! scope="col" colspan="2" style="width: 15em" |Party
! scope="col" style="width: 17em" |Candidate
! scope="col" style="width: 5em" |Votes
! scope="col" style="width: 3.5em" |%
! colspan="3" style="text-align:right;" | Total votes
General election.
Results.
! scope="col" colspan="2" style="width: 130px"|Party
! scope="col" style="width: 17em"|Candidate
! scope="col" style="width: 5em"|Votes
! scope="col" style="width: 3.5em"|%
! scope="col" style="width: 3.5em"| ;templatestyles src="Template:Tooltip/styles.css" / ;±%
! colspan="3" style="text-align: right; margin-right: 0.5em" | Majority
! colspan="3" style="text-align: right; margin-right: 0.5em" scope=row | Turnout
! style="text-align:right;" | Swing
References.
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