Davis missed the second half of the loss on Sunday at Ball Arena in Denver. The seven-time All-Star aggravated the injury when he bumped into Nuggets center Nikola Jokic late in the second quarter.
He briefly stayed in the game to take a pair of free throws. He then limped to the locker room with what the team called a right Achilles strain. Davis will have an MRI on Monday in Minneapolis to determine the severity of the injury.
Davis had 15 points and four rebounds in 14 minutes in Sunday's loss.
"I mean, you kind of learn a lot from the MRI, so [I'll] kind of just wait on that," Davis told reporters. "Obviously, the doctors don't want to rule out anything and then it's something, or say it's something, then it's not.
"But they say everything looks good, but you still want the MRI just to make sure."
The Lakers entered the game on a seven-game winning streak. The Nuggets have now won four straight.
"We didn't turn the ball over and we rebounded really well in the second half," Jokic told reporters.
Jokic scored 12 points in the first quarter to pace the Nuggets, but the score was tied 33-33 after 12 minutes. The Lakers then built up a seven-point lead in the second quarter. Denver responded with a 10-0 run to steal momentum. The Nuggets lead 73-61 at halftime.
Denver then pushed its lead to 19 points in the third quarter and led 103-85 to start the final frame. The Nuggets increased the advantage up to 21 points in the fourth quarter and the Lakers could not overcome the deficit down the stretch.
Djokic had 23 points, 16 rebounds and 10 assists in the win. Jamal Murray scored a game-high 25 points for the Nuggets.