A display panel and a touch display device are provided. The display panel includes a thin film transistor substrate, a planarization layer, and a through hole. The through hole exposes a source/drain electrode of the thin film transistor substrate. A first intermediate layer, a metal wire layer, a second intermediate layer, a first common electrode layer, a first passivation layer, and a first pixel electrode layer are stacked on each other and arranged corresponding to the source/drain electrode at one side of the through hole. A second common electrode layer, a second passivation layer, and a second pixel electrode layer are stacked on each other at another side of the through hole. The first common electrode layer is electrically connected to the metal wire layer, and the first pixel electrode layer is electrically connected to the second pixel electrode layer through and along the through hole.