A display panel and a display device are provided. The display panel includes a stretchable display area; and the stretchable display area includes a plurality of island-shaped structures and a plurality of stretchable bridges. A stretchable bridge of the plurality of stretchable bridges is configured to connect adjacent island-shaped structures of the plurality of island-shaped structures; at least one pixel is disposed on an island-shaped structure of the plurality of island-shaped structures; the stretchable display area includes a first stretchable display area and a second stretchable display area adjacent to the first stretchable display area; the first stretchable display area is disposed corresponding to an under-screen camera; and a stretchable degree of the first stretchable display area is greater than a stretchable degree of the second stretchable display area.