A display panel, a manufacturing method of the display panel, and a display device are disclosed. The display panel includes a first substrate and a second substrate. The first substrate includes a first base, a light-shielding layer disposed on the first base, and a color filter layer disposed on the first base, and a common electrode layer disposed on the light-shielding layer and the color filter layer. The common electrode layer is provided with an opening at a position opposite to the color filter layer.