tiprankstipranks
60 Degrees Pharmaceuticals, Inc. (SXTP)
NASDAQ:SXTP
US Market
Want to see SXTP full AI Analyst Report?

60 Degrees Pharmaceuticals, Inc. (SXTP) AI Stock Analysis

243 Followers

Top Page

SXTP

60 Degrees Pharmaceuticals, Inc.

(NASDAQ:SXTP)

Select Model
Select Model
Select Model
Neutral 42 (OpenAI - 5.2)
Rating:42Neutral
Price Target:
$1.50
▲(200.00% Upside)
Action:Reiterated
Date:05/15/26
The score is held down primarily by weak financial performance (large recurring losses and significant, worsening cash burn relative to modest revenue), with bearish technicals reinforcing downside risk. Valuation contributes limited support because the negative P/E reflects unprofitable operations and there is no indicated dividend yield.
Positive Factors
Low Leverage / Positive Equity
The company’s balance sheet shows minimal debt and positive equity (~$4.7M), which reduces bankruptcy risk and preserves financial flexibility. This structural strength gives management time to execute R&D and commercialization plans versus a highly leveraged peer.
Negative Factors
Severe Cash Burn
Sustained negative operating and free cash flow (~-$8.2M TTM) is a structural threat to runway and forces reliance on external financing. Persistent cash burn constrains R&D, commercial expansion and increases likelihood of dilutive raises absent near-term material revenue growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage / Positive Equity
The company’s balance sheet shows minimal debt and positive equity (~$4.7M), which reduces bankruptcy risk and preserves financial flexibility. This structural strength gives management time to execute R&D and commercialization plans versus a highly leveraged peer.
Read all positive factors

60 Degrees Pharmaceuticals, Inc. (SXTP) vs. SPDR S&P 500 ETF (SPY)

60 Degrees Pharmaceuticals, Inc. Business Overview & Revenue Model

Company Description
60 Degrees Pharmaceuticals, Inc., a specialty pharmaceutical company, engages in the development and commercialization of therapies for the prevention and treatment of infectious diseases in the United States. It offers Arakoda for malaria prevent...
How the Company Makes Money
null...

60 Degrees Pharmaceuticals, Inc. Financial Statement Overview

Summary
Operating profile is weak: TTM revenue is small (~$1.0M) and down ~14.5%, with sizable net losses (~$7.6M) and very negative margins. Cash flow is a major risk with heavy and worsening burn (TTM operating cash flow about -$8.2M; free cash flow about -$8.3M). Balance sheet is comparatively better (low/zero debt, positive equity ~ $4.7M), but not enough to offset the ongoing loss/cash burn.
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
14
Very Negative
BreakdownMar 2026Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue1.01M607.57K253.57K223.21K1.16M
Gross Profit223.78K222.81K-220.98K-209.16K309.60K
EBITDA-7.28M-7.88M-1.43M-2.11M-1.01M
Net Income-7.37M-7.95M-3.77M-6.18M-4.25M
Balance Sheet
Total Assets5.37M5.76M7.78M1.30M1.39M
Cash, Cash Equivalents and Short-Term Investments2.75M3.39M2.14M264.87K115.40K
Total Debt152.78K155.89K172.67K22.42M18.80M
Total Liabilities1.99M1.80M2.99M25.45M19.55M
Stockholders Equity3.46M4.04M4.87M-23.58M-17.58M
Cash Flow
Free Cash Flow-7.07M-5.83M-4.66M-1.07M-684.50K
Operating Cash Flow-6.85M-5.65M-4.54M-1.01M-649.11K
Investing Cash Flow254.92K-1.89M-115.89K-60.13K-35.39K
Financing Cash Flow6.44M7.05M6.47M1.22M611.23K

60 Degrees Pharmaceuticals, Inc. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.50
Price Trends
50DMA
1.65
Negative
100DMA
2.37
Negative
200DMA
3.62
Negative
Market Momentum
MACD
-0.08
Negative
RSI
44.91
Neutral
STOCH
43.53
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SXTP, the sentiment is Negative. The current price of 0.5 is below the 20-day moving average (MA) of 1.51, below the 50-day MA of 1.65, and below the 200-day MA of 3.62, indicating a bearish trend. The MACD of -0.08 indicates Negative momentum. The RSI at 44.91 is Neutral, neither overbought nor oversold. The STOCH value of 43.53 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SXTP.

60 Degrees Pharmaceuticals, Inc. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
42
Neutral
$3.96M-0.33-212.63%66.12%91.75%
$2.73M-0.26-168.95%84.00%
41
Neutral
$41.46M-0.91-1335.64%66.47%
$1.38M-0.07-263.57%-61.81%99.68%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SXTP
60 Degrees Pharmaceuticals, Inc.
1.46
-9.82
-87.06%
OGEN
Oragenics
0.61
-4.40
-87.92%
KALA
KALA BIO
2.20
-173.55
-98.75%
KTTA
Pasithea Therapeutics Corp
0.72
-0.22
-23.12%
SPRC
SciSparc Ltd.
10.59
-49.13
-82.27%
ONCO
Onconetix
1.14
-338.86
-99.66%

60 Degrees Pharmaceuticals, Inc. Corporate Events

Regulatory Filings and ComplianceStock Split
60 Degrees Updates Affiliate Share Ownership Disclosure Error
Neutral
Mar 20, 2026
On March 20, 2026, 60 Degrees Pharmaceuticals, Inc. reported that it had miscalculated the number of shares of common stock beneficially owned by a company affiliate in a prospectus supplement dated March 13, 2026. The affiliate’s holdings w...
Private Placements and FinancingRegulatory Filings and Compliance
60 Degrees Pharmaceuticals Updates Legal Opinion for ATM Offering
Neutral
Mar 13, 2026
On March 13, 2026, 60 Degrees Pharmaceuticals, Inc. filed an updated legal opinion covering the shares of common stock issued and sold under its at-the-market equity offering program with HC Wainwright Co., LLC, originally established under a Sep...
Private Placements and FinancingRegulatory Filings and Compliance
60 Degrees Pharmaceuticals Updates Opinion for ATM Program
Positive
Mar 12, 2026
On March 12, 2026, 60 Degrees Pharmaceuticals, Inc. filed an updated legal opinion of counsel covering shares of common stock issued and sold under its at-the-market equity offering program established under a September 5, 2025 sales agreement wit...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: May 15, 2026