Pixel circuit, driving method thereof and display device are provided. Pixel circuit includes driving transistor, storage capacitor, voltage-stabilizing capacitor, data writing sub-circuit, threshold compensation sub-circuit, reset sub-circuit, sensing sub-circuit and light-emitting control sub-circuit. First terminal of storage capacitor, gate electrode of driving transistor, first terminal of reset sub-circuit and first terminal of threshold compensation sub-circuit are coupled to first node. Second terminal of storage capacitor, first terminal of sensing sub-circuit and first electrode of light-emitting device are coupled to second node. Sensing sub-circuit is configured to transmit initial voltage signal on reference line to second node during reset sub-periods of sensing period and display period; and transmit voltage at second node to reference line during light-emitting sub-period of sensing period to read voltage at second node. Threshold compensation sub-circuit is configured to write threshold voltage of driving transistor into storage capacitor in response to control of scan line.