A light emitting display device is disclosed that includes an organic light emitting diode having an anode electrode connected to a first power line and a cathode electrode, a capacitor configured to store a data voltage and having a first electrode and a second electrode, and a driving transistor having a first electrode connected to the cathode electrode of the organic light emitting diode, a gate electrode connected to the first electrode of the capacitor, and a second electrode connected to the second electrode of the capacitor and a second power line. The driving transistor applies an initialization voltage to a node connected to the cathode electrode of the organic light emitting diode and the first electrode of the driving transistor.