A display panel and a display device are provided and relates to the display technology field. The display panel includes a temperature detection module, a timing control module, and a power management module. The timing control module identifies a real-time temperature of the display panel according to different combination signals outputted by the temperature detection module and controls the power management module to generate and output a corresponding common voltage according to the real-time temperature. The common voltage can follow a minimum flicker common voltage in real time.