Both verb and noun. Common in sports commentary (predicting the opponent's move), finance (forecasting markets), and policy analysis. 预判 emphasizes a judgment based on reading signals, while 预测 (yùcè) is more 'forecasting based on data'.
memory
预 ('in advance', as in 预习 'preview') + 判 ('judge', as in 判断 'judge') = 'judge in advance'.