The present disclosure discloses an electroluminescent display panel and a display device. The electroluminescent display panel includes a plurality of repeat units, each of the plurality of repeat units includes a plurality of sub-pixels, and each of the plurality of sub-pixels includes: a first conductive layer, located on a substrate; a first insulation layer, located on the first conductive layer and including a first hole, in which the first hole exposes a portion of the first conductive layer; and an anode, located on the first insulation layer and including a main portion and an auxiliary portion which are electrically connected to each other. The auxiliary portion is electrically connected to the first conductive layer through the first hole. In at least one sub-pixel, an orthographic projection of the main portion on the substrate does not overlap an orthographic projection of the first hole on the substrate.