I was able to drive four displays with my 2014 MacBook Pro (the internal plus three externals, including one 4k), even though that exceeded Apple's stated specs. So I suppose it's possible I could drive a third external on my 2019 iMac using the HDMI output....
I was able to do that as well on my 2014 MacBook Pro but there were limitations on resolutions and maybe frequencies of the external monitors.
I find that running 4k monitors off the 2014 and 2015 MacBook Pros really get the fans spinning. They don't have problems with 2k though.
The Intel Integrated uses system RAM for video memory and running heavy memory-intensive workloads could result in screen artifacts. A dGPU was a lot better in this regard.