The present disclosure relates to a top emitting AMOLED display panel, a manufacturing method thereof, and a display device. The top emitting AMOLED display panel includes a passivation layer and a protective conductive layer. The passivation layer is sandwiched between an interlayer insulating layer and a planarization layer of the top emitting AMOLED display panel; the protective conductive layer covers a metal layer and side walls of openings. The passivation layer covering the metal layer can physically protect and prevent the metal layer from oxidation, and the protective conductive layer coats the metal layer to prevent the metal layer from being etched or oxidized by anode etching solution.