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60 Degrees Pharmaceuticals, Inc. (SXTP)
NASDAQ:SXTP
US Market
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60 Degrees Pharmaceuticals, Inc. (SXTP) AI Stock Analysis

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SXTP

60 Degrees Pharmaceuticals, Inc.

(NASDAQ:SXTP)

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Underperform 38 (OpenAI - 4o)
Rating:38Underperform
Price Target:
$1.00
▲(1.01% Upside)
The overall stock score reflects significant financial and technical challenges. The company's ongoing unprofitability and negative cash flow are major concerns, compounded by bearish technical indicators. The lack of earnings call data and corporate events further limits positive outlook.
Positive Factors
Revenue Growth
The significant year-over-year revenue growth indicates strong demand for the company's products, suggesting potential for future expansion and market penetration.
Improved Equity Position
The improvement in equity position reflects better financial health and reduced reliance on debt, enhancing long-term financial stability.
Product Pipeline Development
Advancements in the product pipeline, such as the Tafenoquine study, indicate ongoing innovation and potential for future revenue streams from new therapies.
Negative Factors
Negative Cash Flow
Persistent negative cash flow from operations suggests challenges in generating sufficient cash internally, which may impact future investment and growth capabilities.
Gross Loss
The gross loss highlights ongoing cost management issues, which could affect profitability and require strategic adjustments to improve margins.
Declining Revenues
The trend of declining revenues over several years indicates potential challenges in market demand or competitive positioning, affecting long-term growth prospects.

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

60 Degrees Pharmaceuticals, Inc. Business Overview & Revenue Model

Company Description60 Degrees Pharmaceuticals, Inc. operates as a specialty pharmaceutical company that engages in the development and commercialization of therapies for the prevention and treatment of infectious diseases. The company offers Arakoda for malaria preventative treatment. It also engages in the development of Tafenoquine (Arakoda regimen) that is in Phase IIb clinical trial for COVID-19; Tafenoquine for fungal lung infections, tick-borne diseases, candidiasis, and other infectious and non-infectious diseases; and Celgosivir for respiratory viruses and dengue. The company was founded in 2010 and is based in Washington, District of Columbia.
How the Company Makes Money60 Degrees Pharmaceuticals generates revenue through the commercialization of its pharmaceutical products, which may include direct sales to healthcare providers and distribution partnerships with pharmaceutical distributors. The company may also derive income from licensing agreements and collaborations with other biopharmaceutical companies, leveraging its research and development capabilities to create valuable intellectual property. Additionally, government grants and funding from research institutions may contribute to its earnings as the company advances its drug development pipeline.

60 Degrees Pharmaceuticals, Inc. Financial Statement Overview

Summary
The company is facing significant financial challenges, with declining revenues, persistent losses, and negative cash flow. Despite some recent improvements in equity and reduced debt, profitability and cash generation remain critical issues.
Income Statement
35
Negative
The company has been experiencing declining revenues, with a significant drop in total revenue from 2020 to 2023. Gross profit margin has been negative in recent years, indicating cost management issues. Net profit margin has been consistently negative, reflecting ongoing unprofitability. Despite some revenue growth in 2024, profitability remains a major concern.
Balance Sheet
40
Negative
The debt-to-equity ratio improved significantly from previous years due to reduced total liabilities, but the company still has challenges with negative equity in past years. In 2024, equity became positive, which is a positive sign. The equity ratio indicates a relatively higher reliance on equity compared to previous years.
Cash Flow
30
Negative
The company has struggled with negative operating cash flow in recent years, indicating challenges with cash generation from core operations. Free cash flow has also been negative, reflecting ongoing investment and financing needs. Positive financing cash flows suggest reliance on external funding.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue963.53K607.57K253.57K223.21K1.16M2.18M
Gross Profit184.44K222.81K-220.98K-209.16K309.60K1.48M
EBITDA-7.90M-7.88M-1.43M-2.11M-1.01M-341.17K
Net Income-7.98M-7.95M-3.77M-6.18M-4.25M-3.03M
Balance Sheet
Total Assets6.69M5.76M7.78M1.30M1.39M2.61M
Cash, Cash Equivalents and Short-Term Investments4.12M3.39M2.14M264.87K115.40K191.70K
Total Debt153.76K155.89K172.67K22.42M18.80M15.92M
Total Liabilities2.34M1.80M2.99M25.45M19.55M20.68M
Stockholders Equity4.43M4.04M4.87M-23.58M-17.58M-17.50M
Cash Flow
Free Cash Flow-6.86M-5.83M-4.66M-1.07M-684.50K-238.28K
Operating Cash Flow-6.79M-5.65M-4.54M-1.01M-649.11K-167.30K
Investing Cash Flow1.62M-1.89M-115.89K-60.13K-35.39K-70.98K
Financing Cash Flow5.98M7.05M6.47M1.22M611.23K277.36K

60 Degrees Pharmaceuticals, Inc. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.99
Price Trends
50DMA
1.33
Negative
100DMA
1.36
Negative
200DMA
1.84
Negative
Market Momentum
MACD
-0.10
Negative
RSI
33.68
Neutral
STOCH
52.08
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 0.99 is below the 20-day moving average (MA) of 1.11, below the 50-day MA of 1.33, and below the 200-day MA of 1.84, indicating a bearish trend. The MACD of -0.10 indicates Negative momentum. The RSI at 33.68 is Neutral, neither overbought nor oversold. The STOCH value of 52.08 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%
38
Underperform
$5.17M-0.11-152.19%192.72%83.61%
33
Underperform
$4.76M>-0.01-263.57%-34.58%96.41%
31
Underperform
$5.28M-0.1152.39%
29
Underperform
$4.66M-0.04-168.95%90.27%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SXTP
60 Degrees Pharmaceuticals, Inc.
1.02
-4.03
-79.80%
OGEN
Oragenics
0.86
-8.74
-91.00%
KALA
KALA BIO
0.92
-5.76
-86.23%
KTTA
Pasithea Therapeutics Corp
1.17
-1.74
-59.79%
SPRC
SciSparc Ltd.
1.71
-3.11
-64.52%
ONCO
Onconetix
2.99
-52.01
-94.56%

60 Degrees Pharmaceuticals, Inc. Corporate Events

60 Degrees Pharmaceuticals Faces Financial Challenges Amid Growth Efforts
Nov 18, 2025

60 Degrees Pharmaceuticals, Inc. is a specialty pharmaceutical company focused on developing and marketing new medicines for infectious diseases, with its lead product, ARAKODA, approved for malaria prevention. The company recently released its earnings report for the quarter ended September 30, 2025, highlighting both financial challenges and strategic developments.

60 Degrees Pharmaceuticals Advances Tafenoquine Study for Chronic Babesiosis
Oct 27, 2025

Study Overview: The B-FREE Chronic Babesiosis Study, officially titled B-FREE Chronic Babesiosis Study: A Phase 2 Open Label Study of Tafenoquine for Treatment of Chronic Babesiosis Patients With Severe Fatigue, aims to evaluate the efficacy of Tafenoquine in treating chronic babesiosis, particularly in patients suffering from severe fatigue. This study is significant as it addresses a debilitating condition with limited treatment options.

Executive/Board ChangesShareholder MeetingsStock Split
60 Degrees Pharmaceuticals Holds Annual Stockholders Meeting
Neutral
Oct 10, 2025

On October 8, 2025, 60 Degrees Pharmaceuticals, Inc. held its virtual 2025 Annual Stockholders Meeting, where various proposals were voted on by the shareholders. The meeting saw the election of five directors, approval of an amendment to increase shares in the 2022 Equity Incentive Plan, a reverse stock split, and the ratification of RBSM LLP as the accounting firm for 2025, all of which were approved.

The most recent analyst rating on (SXTP) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on 60 Degrees Pharmaceuticals, Inc. stock, see the SXTP Stock Forecast page.

Business Operations and StrategyProduct-Related Announcements
60 Degrees Pharmaceuticals Highlights ARAKODA Growth Potential
Positive
Sep 9, 2025

On September 9, 2025, 60 Degrees Pharmaceuticals, Inc. presented investor information highlighting the potential growth of ARAKODA, especially for chronic babesiosis, which could surpass its use for malaria prevention. The company faces challenges such as low brand recognition and competition from generic alternatives, but aims to address these through a commercial pilot program to increase awareness and differentiate ARAKODA in the market.

The most recent analyst rating on (SXTP) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on 60 Degrees Pharmaceuticals, Inc. stock, see the SXTP Stock Forecast page.

Private Placements and Financing
60 Degrees Pharmaceuticals Enters New Sales Agreement
Neutral
Sep 5, 2025

On September 3, 2025, 60 Degrees Pharmaceuticals, Inc. entered into an At-The-Market Sales Agreement with H.C. Wainwright & Co., LLC to offer and sell shares of its common stock, potentially raising up to $1,397,533. The agreement allows the company flexibility in selling shares while Wainwright acts as the sales agent, earning a 3% commission on sales. Additionally, on the same date, the company terminated a previous sales agreement with Wallachbeth Capital LLC, effective immediately, releasing both parties from any obligations.

The most recent analyst rating on (SXTP) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on 60 Degrees Pharmaceuticals, Inc. stock, see the SXTP Stock Forecast page.

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: Nov 18, 2025