The invention discloses a display panel and a display device. A threshold compensation circuit comprises a first threshold compensation transistor, a second threshold compensation transistor and a shielding capacitor. Wherein a first threshold compensation transistor and a second threshold compensation transistor are arranged; the length L of the channel region of the transistor can be increased equivalently, and the current I of the transistor is inversely proportional to the length L of the channel region, so that when the length L of the channel region is increased, the current I of the transistor can be reduced, and the quantity of charges flowing into the node N1 from the node N4 can be reduced. Moreover, by arranging the shielding capacitor, the charge of the node N4 can be stored inthe shielding capacitor by utilizing the charge storage effect of the shielding capacitor. Therefore, during signal switching on the scanning signal line, charges of the node N4 can be prevented frombeing injected into the node N1, so that the voltage of the grid electrode of the driving transistor can be kept stable, and the display uniformity of the display panel is improved.