The short answer is no, unfortunately. There is a limit of two monitors per Thunderbolt port. My understanding is that this limitation lives somewhere at the DisplayPort spec level, but I don't know the specifics.
The longer answer is that you might be able to, depending on resolution/refresh. This will need both hardware and software for "DisplayLink". I've never kicked the tires on this setup, but I believe it's basically setting up a single frame buffer that will span two physical devices.
Hardware: https://www.sonnettech.com/product/m1-mac-dual-displayport-a...
Software: https://www.synaptics.com/products/displaylink-graphics/down...
IMO it isn't very viable, especially once you're past 60hz HD resolutions, and also because the macOS drivers/software sometimes lag behind major OS releases or even point releases.
I hang a 4k@144hz and two 1440p@144hz screens off an M1 Max. It's basically one monitor per cable at that point (docking is two Thunderbolt + HDMI). One TB cable goes to a CalDigit TS3+ for power, USB accessories, and one of the 1440p monitors. The other goes straight to the 4k monitor.
