The measurement of Poisson's ratio of nanomaterials is extremely challenging. Here we report a lateral atomic force microscope experimental method to electromechanically measure the Poisson's ratio and gauge factor of individual nanowires. Under elastic loading conditions we monitor the four-point resistance of individual metallic nanowires as a function of strain and different levels of electrical stress. We determine the gauge factor of individual wires and directly measure the Poisson's ratio using a model that is independently validated for macroscopic wires. For macroscopic wires and nickel nanowires we find Poisson's ratios that closely correspond to bulk values, whereas for silver nanowires significant deviations from the bulk silver value are observed. Moreover, repeated measurements on individual silver nanowires at different levels of mechanical and electrical stress yield a small spread in Poisson ratio, with a range of mean values for different wires, all of which are distinct from the bulk value.