Fernández began his Grand Prix season with a silver medal at the 2014 Skate Canada International, finishing eleven points behind Japan's Takahito Mura. Defeating Russia's Sergei Voronov by thirteen points, he won gold at the 2014 Rostelecom Cup and qualified for his third Grand Prix Final. At the Final, held in Barcelona, Fernández placed fifth in the short program after he fell on his quadruple Salchow jump, doubled the first jump of his planned tiple Lutz-triple toe loop combination, and stumbled during connecting steps. He scored 79.18 points, trailing leader Yuzuru Hanyu by almost 15 points. He recovered to place second in the free skate, again behind Hanyu, with a program that included two quad jumps, six triple jumps, and level-four spins and footwork, but he tripled a planned quad Salchow jump and singled a triple Lutz jump. He scored 174.72 points in the free skate, and 253.90 in total. Overall, he won the silver medal behind Yuzuru Hanyu.