Yes!
Explanation:
Suppose that one of the squares is x2 and the other is y2.
Their product,
(x2)(y2)
will be equal to (xy)2, which is also a perfect square.
By the same reason, the product of any number of perfect squares is a perfect square.
Let's take an example to confirm this.
(27)2×(31)2=729×961=700,569
√700569=837