| Election Name: | 1968 Montana gubernatorial election |
| Country: | Montana |
| Flag Year: | 1905 |
| Type: | presidential |
| Ongoing: | no |
| Previous Election: | 1964 Montana gubernatorial election |
| Previous Year: | 1964 |
| Next Election: | 1972 Montana gubernatorial election |
| Next Year: | 1972 |
| Election Date: | November 5, 1968 |
| Nominee1: | Forrest H. Anderson |
| Party1: | Democratic Party (United States) |
| Popular Vote1: | 150,481 |
| Percentage1: | 54.11% |
| Nominee2: | Tim Babcock |
| Party2: | Republican Party (United States) |
| Popular Vote2: | 116,432 |
| Percentage2: | 41.87% |
| Map Size: | 300px |
| Governor | |
| Before Election: | Tim Babcock |
| Before Party: | Republican Party (United States) |
| After Election: | Forrest H. Anderson |
| After Party: | Democratic Party (United States) |
| Turnout: | 86.40%0.60[1] |
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.