Hayley McGonigle, 18, from the Pollok area of Glasgow, was last seen in Teviot Avenue, Foxbar, near Paisley, at about 01:00 on Sunday.
She had been dropped off in a taxi there and was believed to be in the company of a 20-year-old man.
Police said Ms McGonigle had been traced by officers on Monday morning and was "safe and well".
A teenager who had been missing since a night out at the weekend has been found, police have said.