A display panel and a display device. The display panel includes a light guide plate including a light incident surface and a light emergent surface; the light incident surface is one end surface of the light guide plate; an opposite substrate opposite to the light guide plate; a liquid crystal layer between light guide plate and opposite substrate; a light source located on the light incident surface of light guide plate; a light shielding layer at the side, facing liquid crystal layer, of the opposite substrate; the light shielding layer including light shielding regions, light transmitting regions; light converging elements located on light emergent surface of light guide plate, the light converging elements corresponding to one light shielding region; a transparent conductive structure between light guide plate and opposite substrate and configured to make liquid crystal layer be equivalent to a diffraction grating structure under control of electric signals.