YES! We hear from cat owners all the time. A cat was missing for days before they (or someone else) found their cat stuck up in a tree. Sometimes its a tree near their house, other times the cat is found in a tree miles away from their home.
Keep looking up in the trees! We have rescued some cats as high as 150ft in trees. If you don't hear any meowing, try looking up in the trees at night with a flashlight. Sometimes the flashlight will show you the reflection of their eyes.